2.6 TB of info leaked from Panama firm showing dark financial web - Very big story [Archive]

vacuum

3rd April 2016, 04:13 PM

Main story here:
http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3c3495adf4/

Panama Papers is the biggest-ever international cooperation of its kind. In the past 12 months, around 400 journalists from more than 100 media organizations in over 80 countries have taken part in researching the documents.

The Panama Papers include approximately 11.5 million documents – more than the combined total of the Wikileaks Cablegate, Offshore Leaks, Lux Leaks, and Swiss Leaks. The data primarily comprises e-mails, pdf files, photo files, and excerpts of an internal Mossack Fonseca database. It covers a period spanning from the 1970s to the spring of 2016.

About two years ago, a whistleblower had already sold internal Mossack Fonseca data to the German authorities, but the dataset was much older and smaller in scope: while it addressed a few hundred offshore companies, the Panama Papers provide data on some 214,000 companies. In the wake of the data purchase, last year investigators searched the homes and offices of about 100 people. The Commerzbank was also raided. As a consequence of their business dealings with Mossack Fonseca, Commerzbank, HSH Nordbank, and Hypovereinsbank agreed to pay fines of around 20 million euros, respectively.

The company at the center of all these stories is Mossack Fonseca, a Panamanian provider of offshore companies with dozens of offices all over the world. It sells its shell firms in cities such as Zurich, London, and Hong Kong – in some instances at bargain prices. Clients can buy an anonymous company for as little as USD 1,000. However, at this price it is just an empty shell. For an extra fee, Mossack Fonseca provides a sham director and, if desired, conceals the company’s true shareholder. The result is an offshore company whose true purpose and ownership structure is indecipherable from the outside. Mossack Fonseca has founded, sold, and managed thousands of companies. The documents provide a detailed view of how Mossack Fonseca routinely accepts to engage in business activities that potentially violate sanctions, in addition to aiding and abetting tax evasion and money laundering.

WORLD LEADERS CAUGHT IN OFFSHORE DATA LEAK... (http://fusion.net/story/287227/famous-presidents-shell-companies-trove/)

Corruption and Crime on Global Scale... (http://www.haaretz.com/world-news/1.712456?v=7FB22AE7C3FD1E9FFFAAEA8D7F99A063)

Secret offshore money helps fuel Miami's luxury real-estate boom... (http://www.miamiherald.com/news/business/real-estate-news/article69248462.html)

THE PANAMA PAPERS...

2.6 TB of data... (http://www.infowars.com/largest-leak-ever-whistleblower-reveals-global-elite-crime-network/)

Law firm safeguards secrets... (http://www.newsobserver.com/news/nation-world/article69729322.html)

https://pbs.twimg.com/profile_images/648888480974508032/66_cUYfj_bigger.jpg Edward Snowden Verified account ‏@Snowden (https://twitter.com/Snowden)

Biggest leak in the history of data journalism just went live, and it's about corruption. http://panamapapers.sueddeutsche.de/en/ (https://t.co/dYNjD6eIeZ)

Retweets 14,768
Likes 9,218

10:48 AM - 3 Apr 2016

Taxes sure do suck, right? Imagine how much money you could keep if you simply didn't pay them. Generally, for businesses, they only pay taxes on their profits, so what if you could hide some of those profits from the government? After all, they can only tax money they can prove exists. One method for lowering profits, is to ncrease spending, by re-investing in the company, making higher quality products, maybe even paying your employees more, OR you can "spend" that extra profit buying fake services from a fake company. What has been happening in Panama is a company has been selling these fake businesses, that corporations then use to make massive fake transactions. Officially, the taxman sees money flowing into these fake businesses, but now we all know for a fact that those fake businesses are in fact fake. This accounts for potentially several trillions of dollars worth of money that should have been taxed, but has been illegally hidden.

vacuum

3rd April 2016, 04:19 PM

Remember, this leak was only from a single firm based in Panama that was in this business. It is only a small cross section of what is actually happening. This leak doesn't have many american names in it, possibly because americans tend to use a different firm.

Glass

3rd April 2016, 04:42 PM

but no where to download the files?

Glass

3rd April 2016, 07:08 PM

ok so taking a look around, you would have to conclude this is an "officially controlled" story and the information is not going to go public.

The claim is they have had these documents nearly a year and 100's of journos been digging through it already. So I am going to call BS on this. It's a similar move as the Swiss move, which was really just to shine a light, scare the shit and get everyone moving their money into a better vehicle...... owned by a competitor no doubt.

Seems it s a Rothchilds driven expose to clear out tax haven competitors. Shame. I would really like a shot at those documents.

The International Comittee of Investigative Journalists are only looking at 3rd world and Despot countries. Oh Some Eu countries are there, Greece, Iceland, Hungary, UK, Poland, Switzerland, Spain, Ukrain.

No USA. Nothing to see here.

Power Players
https://panamapapers.icij.org/the_power_players/

(https://panamapapers.icij.org/the_power_players/)Some interesting Graphs
https://panamapapers.icij.org/graphs/

Glass

3rd April 2016, 07:54 PM

I'm hoping. I might get a looksie after all. Hope.

Should we release all 11 million #PanamaPapers (https://twitter.com/hashtag/PanamaPapers?src=hash) so everyone can search through them like our other publications?

— WikiLeaks (@wikileaks) April 3, 2016 (https://twitter.com/wikileaks/status/716772373408718849)

ZH link

(http://www.zerohedge.com/news/2016-04-03/presenting-mossack-fonseca-web-secret-companies-and-all-available-source-files)There is a 3D mesh link interface at the Zerohedge page. Worth a look. It looks like FF plugin that lets you see how many web sites are linking to the web page you are viewing. Does that make sense?

I can't embed so need to go to the link. I'm not sure it has any value. Everything is generically labelled as in "Company" is used instead of company name. Perhaps you can drill down into it. I can't tell.

Glass

3rd April 2016, 10:49 PM

The Fusion graphic I linked to t ZH goes to a web site called fusion.net. That site is clearly extremely progressive and is run as a controlled info site. It has a gay/multuicultural/socialist give me money by raising wages bent. Also heavily promotes abortion and normalises it, sayign that women who performed illegal abortions were victims of society because they had to do it secretly and travel accross state lines.

So I'd suggest some serious federal felonies going on with that particular story.

Anyway the point being the sources I keep looking at all appear to be controlled or owned. I think this is as I said earlier. Designed to smack down competitors to the "Order of R" and to drive the secret money into their arms. No doubt where they they can steal it.

There is an interesting short video on how to set up one of these Deleware companies for your cat. I'm sure it works for any pet.

Glass

4th April 2016, 12:00 AM

Some rebuttal to claims made about certain parties i.e. Mossack Fonseca. Poltical attack against one Director.

No dealings with Despots.

MUAMMAR GADDAFI:
Mossack Fonseca has never had any association with Muammar Gaddafi. Some of the media in Panama, controlled by the former government who are political rivals of Mossack Fonseca partner Mr. Ramon Fonseca, have published articles intended to smear Mr. Fonseca by falsely linking him and therefore his firm to former Libyan dictator Muammar Gaddafi. Please be advised that neither the authorities nor the Libyan Assets Committee have contacted or petitioned us to provide information within the context of any investigation involving Mossack Fonseca.
ROBERT MUGABE:
Mossack Fonseca sold a company to a professional client in the United Kingdom who in turn sold that same company to an associate of Robert Mugabe, unbeknownst to us. As soon as we discovered that the company had been resold to an associate of Robert Mugabe we resigned as registered agent.

PANAMA’S NEGOTIATIONS WITH OECD AND FATF

The world is currently moving towards higher levels of corporate transparency and the same is true of our industry. Panama is committed to expanding its international cooperation with regard to fiscal transparency
—
while at the same time protecting the interests of the nation
—
as was indicated by the President last year during his address to the United Nations. Moreover, most jurisdictions are changing their laws to enable greater transparency and cooperation in terms of corporate and financial matters. As an example, in 2015, the Panamanian Legislature passed Law 23 that sets forth a multitude of stiff regulations against money laundering. In January 2016 Panama was audited by the Financial Action Task Force (FATF), and has now been
removed from the “gray list”.
Finally, please realize that Mossack Fonseca has never been sued or accused of wrongdoing by any court in the world
—
we have only responded to requests for information in specific cases. For your convenience, I have attached several documents, which will provide you with even more details regarding this matter. Carlos Sousa Public Relations Director MOSSACK FONSECA & CO

from Scribd.com (http://www.scribd.com/doc/306839585/Declaration-de-Mossak-Fonseca-en-anglais).

I'm half expecting to hear the name Kaiser Sousay.

vacuum

4th April 2016, 02:08 AM

Be Skeptical of this Huge New Leak...Something is Very Fishy About the Panama Papers!

Look at the three big people who are implicated in the Panama Papers.

1) Vladimir Putin - Thorn in the side of Western Elite
2) Bashar Al-Assad - Thorn in the side of Western Elite
3) Sigmundur Davíð Gunnlaugsson - Prime Minister of Iceland who jailed bankers that tried to sell country into debt slavery. Thorn in the side of Western Elite.

Something smells fishy folks!

Any US people on there? Heard there wasn't yet which also sounds unlikely.

Not a single one. Though I have a feeling that there's another shoe that has yet to drop...

Especially about Soros' involvement.

More context: SZ worked with the ICIJ, which is funded by George Soros (https://en.wikipedia.org/wiki/Center_for_Public_Integrity#Criticism).
https://www.craigmurray.org.uk/archives/2016/04/corporate-media-gatekeepers-protect-western-1-from-panama-leak/

Yeah, it was funded by Open Society (aka George Soros) and USAID (aka the CIA).
That's literally at the bottom of the report website: https://www.occrp.org/en/panamapapers/overview/under-scrutiny/

Glass

4th April 2016, 04:19 AM

the US is not mentioned at all. Completely filtered out. It's mainly "Dictators" and "Despots" as the US see's it. Need to check a bit more but I'm not sure I'm seeing any of a particular type of name. I thought I saw 2 but I need to go back and look again. What info is out there is extremely limitted.

I also don't see how 100 journos could have kept this hush hush. Someone in the hacker world would have seen emails discussing this before now.

I think the data has been washed over the past year or how ever long they had it.

Just a quick look at who is behind outfits like fusion.net should be a heads up.

Serpo

4th April 2016, 04:30 AM

just culling the competition..................................for the real tax haven..........................................

.http://www.internationalman.com/articles/the-us-is-a-tax-haven-and-thats-a-very-good-thing

(http://www.internationalman.com/articles/the-us-is-a-tax-haven-and-thats-a-very-good-thing) https://d24g2nq85gnwal.cloudfront.net/images/authors/US-tax-haven.jpg

Serpo

4th April 2016, 04:34 AM

Cebu_4_2

4th April 2016, 04:38 AM

The fusion thing will not load even with everything disabled.

Glass

4th April 2016, 05:18 AM

The fusion thing will not load even with everything disabled.

Don't worry about it Cebu it turns out to be not much use from what I can see. It is basically a big 3D depiction of all the links between Companies and all the Customers. So it looks like a massive web but there are no names showing. Only the Company or Customer label. At least none that I can see. I've messed with it a couple times and it just looks the same. Impressive web but nothing identifying.

aeondaze

4th April 2016, 07:25 AM

Smear campaign against what they are doing themselves.......hahaha

Yep.

Take a long hard look at what these assholes resort to here. They've been doing it themsleves for hundreds of years on a much larger scale, but somehow they want us peons to believe everything is oh so rosy in the west and their shit don't stink.

They think we're all fools, the media is lapping it up all around the globe trying to present it like its some kind of astonishing revelation, big f'n deal. Lets see some REAL news for a change, infact how about they earn their living honestly like the rest of us chumps and actually report on the real crimes of the despots trying to push this dope, now that would impress me. :rolleyes:

A person can dream can't they? ???

Glass

4th April 2016, 11:45 AM

We are not the only ones to notice the data has been massaged and laundered.

I'm thinking that the 12 months taken to release this was required to neutralize the leaker. That way they 100% control the data and don't need to be worried about a re-leak OR the leaker story is just a cover for some kind of 5 eyes agency penetration of MF's operations.

The Suddeutsche Zeitung, which received the leak, gives a detailed explanation (http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3c3495adf4/)of the methodology the corporate media used to search the files. The main search they have done is for names associated with breaking UN sanctions regimes. The Guardian reports this too (http://www.theguardian.com/news/2016/apr/03/a-world-of-hidden-wealth-why-we-are-shining-a-light-offshore)and helpfully lists those countries as Zimbabwe, North Korea, Russia and Syria. The filtering of this Mossack Fonseca information by the corporate media follows a direct western governmental agenda. There is no mention at all of use of Mossack Fonseca by massive western corporations or western billionaires – the main customers. And the Guardian is quick to reassure that “much of the leaked material will remain private.”

RINF (http://rinf.com/alt-news/newswire/corporate-media-gatekeepers-protect-western-1-from-panama-leak-craig-murray/)

Cebu_4_2

4th April 2016, 11:47 AM

I think there is something to this story, posted a new thread:
http://gold-silver.us/forum/showthread.php?88877-Leaked-offshore-financial-data-kicks-off-global-investigation-claim-Putin-Main-Target&p=825629#post825629

mick silver

4th April 2016, 11:48 AM

so has anyone went to JAIL yet , if not wake me when they take what they stole back and put them all in jail are tar an fearther there asses

monty

4th April 2016, 12:03 PM

I didn't watch the video.

http://youtu.be/T1RpJvG3_fE

http://youtu.be/T1RpJvG3_fE

mick silver

4th April 2016, 12:20 PM

Mossack Fonseca: The Nazi, CIA And Nevada Connections... And Why It's Now Rothschild's TurnSource: Zero Hedge (http://zerohedge.feedsportal.com/c/34894/f/645423/s/4eb204c1/sc/38/l/0L0Szerohedge0N0Cnews0C20A160E0A40E0A30Cmossack0Ef onseca0Enazi0Ecia0Eand0Enevada0Econnections0Eand0E why0Eits0Enow0Erothschilds0Eturn/story01.htm)

For all the media excitement about the disclosed names in the "Panama Papers" leak, in this case represented by the extensive list of Mossack Fonseca clients, this is not a story about which super wealthy individuals did everything in their power, both legal and illegal, to avoid taxes, preserve their financial anonymity, and generally preserve their wealth. After all, that's what they do, and it should not come as a surprise that they will always do that, especially following last year's disclosure by the same ICIJ which revealed a list of 100,000 HSBC clients (http://www.zerohedge.com/news/2015-02-09/if-your-name-list-prepare-be-audited-or-worse)who had been dutifully avoiding the payment of taxes.
What the story is about is the nebulous world of offshore tax evasion and tax havens, which based on data (http://www.taxjustice.net/cms/upload/pdf/Price_of_Offshore_Revisited_120722.pdf)from the World Bank, IMF, UN, and central banks, hide between $21 and $32 trillion, where registered incorporation agents and law firms in small Caribbean countries (and not so small US states) make the laundering of money and the "disappearance" of the super wealthy, into untracable numbers hidden behind shell companies, possible.
So, in order to learn some more about the real star of this story, the Panamanian lawfirm of Mossack Fonseca (http://interactive.fusion.net/dirty-little-secrets/index.html), we went toFusion (http://interactive.fusion.net/dirty-little-secrets/index.html)which has compiled a fascinating story of the company's history, founders, and key milestone events in its life.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/mossack_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/mossack.jpg)
These include the Nazis, the CIA, Mexican drug lords, and of course, the U.S.
First, here is the Nazi and CIA connection:

Jurgen Mossack’s family landed here in the 1960s. During World War II, his father had served in the Nazi Party’s Waffen-SS, according to U.S. Army intelligence files obtained by the ICIJ. Once in Panama, the elder Mossack offered to spy on communists in Cuba for the CIA. (Mossack Fonseca said the firm “will not answer any questions related to private information regarding our company founding partners.”)
Here is the connection to Mexican drug lord Rafael Caro Quintero, and perhaps to the DEA:

Many times Mossack Fonseca has had no clue which nefarious characters were doing what with the companies the firm created – as when Jurgen discovered in 2005, according to internal emails, that he was the registered agent and listed as the director for a company controlled by the Mexican drug lord Rafael Caro Quintero. The co-founder of the Guadalajara Cartel was convicted in Mexico in 1985 for the brutal murder of U.S. DEA agent Enrique “Kiki” Camarena. (Today, Quintero is again considered a fugitive by the US after walking out of prison in 2013 on a technicality).
Mossack Fonseca’s senior partners instructed an employee to carry out their resignation from the company upon the discovery. "Pablo Escobar was like a newborn compared to R. Caro Quintero!” Jurgen wrote in reaction to the news. “I wouldn't want to be among those he visits after he leaves prison!"
And then there is the state of Nevada:

In 2013, an Argentine prosecutor’s report linked Nevada-incorporated shell companies involved in a major corruption scandal to Mossack Fonseca. When those shell companies became the subject of a federal court battle in Nevada, the leaked files show, Mossack Fonseca employees took steps to remove paper records and to wipe computer files and phone logs at its Las Vegas office. One employee even traveled from Central America to Nevada to bring back files. “When Andrés came to Nevada he cleaned up everything and brought all documents to Panama,” according to an email dated Sept. 24, 2014.
Mossack Fonseca said it “categorically” denies hiding or destroying documents in its statement to the ICIJ: “Let us be clear that it is not our policy to hide or destroy documentation that may be of use in any ongoing investigation or proceeding.”
The leaked records also contradict sworn testimony by Jurgen Mossack, who told the federal district court that his firm was separate from “MF Nevada,” its office in Las Vegas, and had no control over it. Mossack Fonseca “has never maintained an office, establishment or principal place of business in Nevada,” Mossack testified in July 2015. But, according to the ICIJ investigation, internal documents show the opposite, indicating that the firm’s Panama City headquarters controlled MF Nevada’s bank account, and that the firm’s co-founders and one other official with the company owned 100 percent of MF Nevada.
Why is Nevada important? Because recall that according to a recent investigation by Bloomberg (http://www.bloomberg.com/news/articles/2016-01-27/the-world-s-favorite-new-tax-haven-is-the-united-states), "The World’s Favorite New Tax Haven Is the United States" ...
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/reno.png (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/reno.png)
... and specifically several US states such as Nevada, Wyoming and South Dakota.

After years of lambasting other countries for helping rich Americans hide their money offshore, the U.S. is emerging as a leading tax and secrecy haven for rich foreigners. By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth. Everyone from London lawyers to Swiss trust companies is getting in on the act, helping the world’s rich move accounts from places like the Bahamas and the British Virgin Islands to Nevada, Wyoming, and South Dakota.
“How ironic—no, how perverse—that the USA, which has been so sanctimonious in its condemnation of Swiss banks, has become the banking secrecy jurisdiction du jour,” wrote Peter A. Cotorceanu, a lawyer at Anaford AG, a Zurich law firm, in a recent legal journal. “That ‘giant sucking sound’ you hear? It is the sound of money rushing to the USA.”
That money is rushing for one simple reason: dirty foreign - and local - money is welcome in the U.S., no questions asked, to be shielded by the most impenetrable tax secrecy available anywhere on the planet.
One may even say that nowadays, US-based tax havens are the new Switzerland, or Bahamas or, for that matter, Panama. Indeed, for most Americans, offshore tax haven are now meaningless with the passage of the FATCA law, which makes the parking of dirty US money abroad practically impossible. So where does that money go instead - it stays in the US:

Others are also jumping in: Geneva-based Cisa Trust Co. SA, which advises wealthy Latin Americans, is applying to open in Pierre, S.D., to “serve the needs of our foreign clients,” said John J. Ryan Jr., Cisa’s president.
Trident Trust Co., one of the world’s biggest providers of offshore trusts, moved dozens of accounts out of Switzerland, Grand Cayman, and other locales and into Sioux Falls, S.D., in December, ahead of a Jan. 1 disclosure deadline.
“Cayman was slammed in December, closing things that people were withdrawing,” said Alice Rokahr, the president of Trident in South Dakota, one of several states promoting low taxes and confidentiality in their trust laws. “I was surprised at how many were coming across that were formerly Swiss bank accounts, but they want out of Switzerland.”
And, to top it off, there is one specific firm which is spearheading the conversion of the U.S. into Panama: Rothschild.

Rothschild, the centuries-old European financial institution, has opened a trust company in Reno, Nev., a few blocks from the Harrah’s and Eldorado casinos. It is now moving the fortunes of wealthy foreign clients out of offshore havens such as Bermuda, subject to the new international disclosure requirements, and into Rothschild-run trusts in Nevada, which are exempt.
* * *
For financial advisers, the current state of play is simply a good business opportunity. In a draft of his San Francisco presentation, Rothschild’s Penney wrote that the U.S. “is effectively the biggest tax haven in the world.” The U.S., he added in language later excised from his prepared remarks, lacks “the resources to enforce foreign tax laws and has little appetite to do so.”

Yes, Mossack Fonseca may now be history, and its countless uberwealthy clients exposed, but none other than Rothschild is now delighted to be able to fill its rather large shoes.
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mick silver

4th April 2016, 12:24 PM

The Panama Papers are a scam, real documents turned over to a Mossad run organization that now has dirt on even more people and more power to make a very nasty world an even darker and nastier place. This is what Wikileaks was and is, as exposed by VT and Zbigniew Brzezinski in December 2010.

The filth of the world will be protected and the innocent, should such things exist, can be targeted in the name of “investigative journalism” as teams seed phony material in and launder out damage to the politicians, names like Netanyahu and Bush, Cheney and Guiliani, Hollande and Blair, Kasich and Snyder, Gingrich and Romney, especially Romney.
http://www.veteranstoday.com/2016/04/04/the-very-nasty-truth-about-the-panama-papers/

singular_me

4th April 2016, 12:46 PM

gotcha, a fake sounding like the REAL stuff...

Glass

4th April 2016, 12:53 PM

So I got to here:

So, in order to learn some more about the real star of this story, the Panamanian lawfirm of Mossack Fonseca (http://interactive.fusion.net/dirty-little-secrets/index.html), we went toFusion (http://interactive.fusion.net/dirty-little-secrets/index.html)which has compiled a fascinating story of the company's history, founders, and key milestone events in its life.

Just a quick look at who is behind outfits like fusion.net should be a heads up.

Glass

4th April 2016, 07:24 PM

ICIJ International Comittee of Investigative Journalism.

Cross-border investigative journalism is among the most expensive and riskiest in the world.

Recent ICIJ funders include: Adesium Foundation, Open Society Foundation, The David and Lucile Packard Foundation, Oak Foundation, Pew Charitable Trusts, Waterloo Foundation.

A lot of tax minimization foundations backing an "Investigative Journalism" organisation that is investigating tax minimization.

Hypocricy much?

Open Society Foundation - George's baby.

PatColo

5th April 2016, 04:02 AM

Haaretz:

http://nonalignedmedia.com/wp-content/uploads/2016/04/israel-flag-wallstreet-332x205.jpg (http://nonalignedmedia.com/2016/04/panama-papers-hundreds-of-israeli-companies-shareholders-listed-in-leaked-documents-detailing-offshore-holdings/) Panama Papers: Hundreds of Israeli Companies, Shareholders Listed in Leaked Documents Detailing Offshore Holdings (http://nonalignedmedia.com/2016/04/panama-papers-hundreds-of-israeli-companies-shareholders-listed-in-leaked-documents-detailing-offshore-holdings/)

Editor’s Note: For those who were quick to denounce this leak as a “limited hangout,” Israeli companies and individuals were named. The …

_______________________

Selective Leaks Of The #PanamaPapers Create Huge Blackmail Potential (http://21stcenturywire.com/2016/04/04/selective-leaks-of-the-panamapapers-create-huge-blackmail-potential/)

April 4, 2016 By Vanessa Beeley (http://21stcenturywire.com/author/21vbeeley/) 10 Comments (http://21stcenturywire.com/2016/04/04/selective-leaks-of-the-panamapapers-create-huge-blackmail-potential/#disqus_thread)
21WIRE + Moon of Alabama | Leaked Panama documents fail to identify Cameron but target Putin who is not mentioned.

________________________

13 min Richie Allen rant:

https://i.ytimg.com/vi/XJJA6-0AtkQ/mqdefault.jpg (https://www.youtube.com/watch?v=XJJA6-0AtkQ)
Richie Allen On The Panama Papers & Why Massive Scale Disobedience Is The Only Answer! (https://www.youtube.com/watch?v=XJJA6-0AtkQ)

374 views
2 hours ago

EE_

5th April 2016, 04:37 AM

Shhhh! This isn't supposed to be reported by the MSM. Everyone knows Jews are regarded as the best people in the world and deserve the highest praise.

Focus on those damn Russians!

mick silver

5th April 2016, 07:03 AM

A trove of leaked documents casts HSBC Holdings into a harsh lightSource: Bloomberg (http://www.reddit.com/r/worldnews/comments/4dekvs/a_trove_of_leaked_documents_casts_hsbc_holdings/)

A trove of leaked documents casts HSBC Holdings Plc into a harsh light, as a consortium of investigative journalists said it found the bank was among the most active in registering shell companies that move money around the world on behalf of rich and politically connected clients.
HSBC and its affiliates accounted for more than 2,300 of the 15,600 shell companies that Mossack Fonseca, a Panama law firm, helped form for clients of hundreds of international banks, according to findings released by the International Consortium of Investigative Journalists.
Journalists working with the consortium pored through millions of pages of documents leaked from the firm to piece together what they alleged was a global web of shell companies that helped hide wealth of world leaders and criminals, among others. The records outlined the creation of more than 200,000 offshore companies in all, the group said.
While companies that shield owners’ identities can be used legally, they can also be tools for hiding assets, laundering funds or evading taxes. The U.S., among other countries, require banks doing business in the country to perform certain levels of due diligence on their clients to understand who the beneficial owners of such structures may be.
500 Banks
More than 500 banks in all requested that Mossack Fonseca and a predecessor firm create shell companies for their clients from 1977 through the end of 2015, according to the ICIJ. They included Credit Suisse Group AG, UBS Group AG, Experta Corporate & Trust Services SA and Coutts & Co. Trustees, according to a summary compiled by the group.
The banks, in comments, denied any wrongdoing. Others included Banque J. Safra Sarasin Luxembourg SA, which declined to comment.
Still, the revelations may complicate relations between banks in developed countries and those in still developing countries said Peter Hahn, a professor at London’s Institute of Financial Services.
“Leading bank chairs and CEOs will have a tough night’s sleep worrying and wondering about whether their organization have touched these deals regardless of whether their activities were legal or not or how long ago they happened,” Hahn said.
Fighting Crime
HSBC, in a statement, said it works closely with authorities to fight financial crime and implement sanctions.
“Our policy is clear that offshore accounts can only remain open either where clients have been thoroughly vetted (including due diligence, ‘Know Your Customer,’ source of wealth, and tax transparency checks), where authorities ask us to maintain an account for the purposes of monitoring activity, or where an account has been frozen based on sanctions obligations,” the bank said.
As of now, regulators haven’t accused the banks of any wrongdoing related to their business with the Panamanian law firm. Still, the disclosures could be problematic for HSBC, which entered into a deferred prosecution agreement with the U.S. Department of Justice in 2012, paid $1.9 billion and admitted to conduct that violated U.S. sanctions laws and anti-money laundering statutes.
UBS and Credit Suisse are in a similar spot. Last year, a UBS unit pleaded guilty to one count of wire fraud related to the manipulation of benchmark interest rates. Credit Suisse pleaded guilty in 2014 to helping U.S. citizens dodge tax payments. As part of their settlements with the Justice Department, the banks pledged full cooperation with any investigation into other possible misconduct.
‘No Interest’
UBS and Credit Suisse, in statements, said they conduct business in full compliance with applicable law and regulations. “We have no interest in funds that are not taxed or derive from unlawful activities,” UBS said.
“For Credit Suisse, it is key that its clients use structures only for legitimate purposes” such as organizing the wealth of families with a range of assets in different countries,” Credit Suisse said.
Societe Generale SA denied it refused to communicate details about the identity of its clients with asset-holding companies to regulators. Societe Generale has ‘‘a proactive policy with regard to the fight against fraud and tax avoidance,” the bank said in an e-mailed statement Monday.
Coutts said it is committed to the highest standards of regulatory compliance, including tax laws, anti-money laundering regulations and international sanctions. “We require all clients to be tax compliant as a condition of receiving our products and services,” it said in a statement.
Experta Investigates
Experta, in a statement, said it is investigating the basis for the allegations and that when it has helped clients set up offshore structures for wealth-planning purposes, it has always been “within the existing national and legal frameworks.”
Panama-based Mossack Fonseca has branches in Hong Kong, Miami, Zurich and more than 35 other places around the globe, the ICIJ said. In written comments to the consortium, the law firm said it “does not foster or promote illegal acts” and that the group’s allegations that it provides shareholders with structures “supposedly designed to hide the identity of the real owners are completely unsupported and false.”

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monty

5th April 2016, 08:29 AM

http://libertyblitzkrieg.com/2016/04/04/are-corporate-gatekeepers-protecting-western-elites-from-the-leaked-panama-papers/

Are Corporate Gatekeepers Protecting Western Elites from the Leaked Panama Papers?

Michael Krieger (http://libertyblitzkrieg.com/author/mkriegs/) | Posted Monday Apr 4, 2016 at 12:18 pm
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As someone who spends most of his waking hours trying to make sense of the world around him, the Panama Papers leak seemed to represent one of those stories that only come around once or twice a year, if that. However, unlike with the Snowden leaks, the more media coverage I read surrounding shell company assembly line law firm Mossack Fonseca, the more I was left with a nagging sensation that something was just not right. Something felt off, but I couldn’t put my finger on it. Then along came an article by Craig Murray, which offered a plausible explanation of what had been nagging me.

First, many of you won’t know who Craig Murray is. Here’s a quick description of the man from his own website:

Craig Murray is an author, broadcaster and human rights activist. He was British Ambassador to Uzbekistan from August 2002 to October 2004 and Rector of the University of Dundee from 2007 to 2010

With that out of the way, I want to turn your attention to the very interesting article he penned, Corporate Media Gatekeepers Protect Western 1% From Panama Leak (https://www.craigmurray.org.uk/archives/2016/04/corporate-media-gatekeepers-protect-western-1-from-panama-leak/):

Whoever leaked the Mossack Fonseca papers appears motivated by a genuine desire to expose the system that enables the ultra wealthy to hide their massive stashes, often corruptly obtained and all involved in tax avoidance. These Panamanian lawyers hide the wealth of a significant proportion of the 1%, and the massive leak of their documents ought to be a wonderful thing.

Unfortunately the leaker has made the dreadful mistake of turning to the western corporate media to publicise the results.In consequence the first major (http://www.theguardian.com/news/2016/apr/03/panama-papers-money-hidden-offshore)story, published today by the Guardian, is all about Vladimir Putin and a cellist on the fiddle. As it happens I believe the story and have no doubt Putin is bent.

But why focus on Russia? Russian wealth is only a tiny minority of the money hidden away with the aid of Mossack Fonseca. In fact, it soon becomes obvious that the selective reporting is going to stink.

The Suddeutsche Zeitung, which received the leak, gives a detailed explanation (http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3c3495adf4/)of the methodology the corporate media used to search the files. The main search they have done is for names associated with breaking UN sanctions regimes. The Guardian reports this too (http://www.theguardian.com/news/2016/apr/03/a-world-of-hidden-wealth-why-we-are-shining-a-light-offshore)and helpfully lists those countries as Zimbabwe, North Korea, Russia and Syria. The filtering of this Mossack Fonseca information by the corporate media follows a direct western governmental agenda. There is no mention at all of use of Mossack Fonseca by massive western corporations or western billionaires – the main customers. And the Guardian is quick to reassure that “much of the leaked material will remain private.”

What do you expect? The leak is being managed (https://www.icij.org/index.html)by the grandly but laughably named “International Consortium of Investigative Journalists”, which is funded and organised entirely by the USA’s Center for Public Integrity. Their funders include (https://www.publicintegrity.org/about/our-work/supporters)

Ford Foundation
Carnegie Endowment
Rockefeller Family Fund
W K Kellogg Foundation
Open Society Foundation (Soros)

among many others. Do not expect a genuine expose of western capitalism. The dirty secrets of western corporations will remain unpublished.

Expect hits at Russia, Iran and Syria and some tiny “balancing” western country like Iceland. A superannuated UK peer or two will be sacrificed – someone already with dementia.

The corporate media – the Guardian and BBC in the UK – have exclusive access to the database which you and I cannot see.They are protecting themselves from even seeing western corporations’ sensitive information by only looking at those documents which are brought up by specific searches such as UN sanctions busters. Never forget the Guardian smashed its copies of the Snowden files on the instruction of MI6.

What if they did Mossack Fonseca database searches on the owners of all the corporate media and their companies, and all the editors and senior corporate media journalists? What if they did Mossack Fonseca searches on all the most senior people at the BBC? What if they did Mossack Fonseca searches on every donor to the Center for Public Integrity and their companies?

What if they did Mossack Fonseca searches on every listed company in the western stock exchanges, and on every western millionaire they could trace?

That would be much more interesting. I know Russia and China are corrupt, you don’t have to tell me that. What if you look at things that we might, here in the west, be able to rise up and do something about?

And what if you corporate lapdogs let the people see the actual data?

UPDATE

Hundreds of thousands of people have read this post in the 11 hours since it was published – despite it being overnight here in the UK. There are 235,918 “impressions” on twitter (as twitter calls them) and over 3,700 people have “shared” so far on Facebook, bringing scores of new readers each.

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

It’s starting to make a lot more sense. Zerohedge picked up (http://www.zerohedge.com/news/2016-04-03/unprecedented-leak-exposes-criminal-financial-dealings-some-worlds-wealthiest-people)on this angle as well, noting the following:

Finally, for those curious why not a single prominent US name features in the list above, the reason may be found within the snapshot of the non-profit ICIJ’s “funding supporters (https://www.icij.org/about)“:
Recent ICIJ funders include: Adessium Foundation, Open Society Foundations, The Sigrid Rausing Trust, the Fritt Ord Foundation, the Pulitzer Center on Crisis Reporting, The Ford Foundation, The David and Lucile Packard Foundation, Pew Charitable Trusts and Waterloo Foundation.

And then, at the bottom of the Panama Papers disclosure site (https://www.occrp.org/en/panamapapers/overview/under-scrutiny/)we again find Open Society which, as everyone knows, is another name for George Soros.

http://libertyblitzkrieg.com/wp-content/uploads/2016/04/Screen-Shot-2016-04-04-at-11.48.17-AM.jpg

While everyone seems to be focused on George Soros and the Open Society, I was even more intrigued by USAID. Why? Because in 2014 the organization was exposed as the key player in a U.S. government plot to stir up dissent in Cuba.

First, from the post, U.S. Government Caught Using Humanitarian HIV Program as a Front to Foster Cuban Dissent (http://libertyblitzkrieg.com/2014/08/04/u-s-government-caught-using-humanitarian-hiv-program-as-a-front-to-foster-cuban-dissent/):

WASHINGTON — Fernando Murillo was typical of the young Latin Americans deployed to Cuba by a U.S. agency to work undercover. He had little training in the dangers of clandestine operations — or how to evade one of the world’s most sophisticated counter-intelligence services.

Their assignment was to recruit young Cubans to anti-government activism, which they did under the guise of civic programs, including an HIV prevention workshop. Murillo was instructed to check in every 48 hours and was provided with a set of security codes. “I have a headache,” for instance, meant the Costa Rican thought the Cubans were watching him and the mission should be suspended.

Over at least two years, the U.S. Agency for International Development — best known for overseeing billions of dollars in U.S. humanitarian aid — sent nearly a dozen neophytes from Venezuela, Costa Rica and Peru to gin up opposition in Cuba. The danger was apparent to USAID, if not to the young operatives: A USAID contractor, American Alan Gross, had just been hauled away to a Cuban jail for smuggling in sensitive technology. He remains there still.

Staging a workshop as a front to subvert a foreign government risked casting suspicion on USAID’s legitimate public health mission, including a more than $3 billion annual HIV program that the agency says has helped some 50 million people in nearly 100 countries.

As is typically the case, the rabbit hole goes deeper. From the post, Conspiracy Fact – How the U.S. Government Covertly Invented a “Cuban Twitter” to Create Revolution (http://libertyblitzkrieg.com/2014/04/03/conspiracy-fact-how-the-u-s-government-covertly-invented-a-cuban-twitter-to-create-revolution/):

WASHINGTON — In July 2010, Joe McSpedon, a U.S. government official, flew to Barcelona to put the final touches on a secret plan to build a social media project aimed at undermining Cuba’s communist government.

McSpedon and his team of high-tech contractors had come in from Costa Rica and Nicaragua, Washington and Denver. Their mission: to launch a messaging network that could reach hundreds of thousands of Cubans. To hide the network from the Cuban government, they would set up a byzantine system of front companies using a Cayman Islands bank account, and recruit unsuspecting executives who would not be told of the company’s ties to the U.S. government.

McSpedon didn’t work for the CIA. This was a program paid for and run by the U.S. Agency for International Development, best known for overseeing billions of dollars in U.S. humanitarian aid
Note, USAID wasn’t a marginal player in this scheme, the entire program was “paid for and run by the U.S. Agency for International Development.”

Certainly makes you wonder.
In Liberty,
Michael Krieger
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mick silver

5th April 2016, 08:38 AM

monty

5th April 2016, 08:44 AM

again as I seat back an watch as nothing an no one will go to jail are pay there fair share of taxes . the more I see every day I know now that I have to go off the grind and learn how to deal more without the need for paper money and be a better horse trader

Do you think Harry Reid and the Clinton Foundation are connected to the Las Vegas operation? It may be to big for Harry Reid he is small potatoes.

What do you expect? The leak is being managed (https://www.icij.org/index.html)by the grandly but laughably named “International Consortium of Investigative Journalists”, which is funded and organised entirely by the USA’s Center for Public Integrity. Their funders include (https://www.publicintegrity.org/about/our-work/supporters)

Ford Foundation
Carnegie Endowment
Rockefeller Family Fund
W K Kellogg Foundation
Open Society Foundation (Soros)

among many others. Do not expect a genuine expose of western capitalism. The dirty secrets of western corporations will remain unpublished

mick silver

5th April 2016, 09:58 AM

here you go monty more fun today seat back watch the fucking circus .........BANG First George Soros Panama Papers Victim: Iceland Prime Minister ResignsSource: EPJ (http://www.economicpolicyjournal.com/2016/04/bang-first-george-soros-panama-papers.html)

Sigmundur David Gunnlaugsson has resigned as Prime Minister of Iceland following intense pressure after it was revealed as part of the "Panama Papers" that he had been receiving payments into a secret offshore account.

The Panama Papers appear to be extremely selective leaks from an 11 million document cache that was leaked to a German newspaper.

The investigation of the documents was taken over from the paper by the George Soros-funded International Consortium of Investigative Journalists.

To date, disclosures have only been made against enemies of either Soros, the United States or the global financial elite, e.g. against Putin, FIFA and Gunnlaugsson, who played hardball in dealing with the global banksters.

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mick silver

5th April 2016, 10:02 AM

The New World Order Is Almost Certainly Behind the Panama PapersBy Jonas E. Alexis (http://www.veteranstoday.com/author/alexis/) on April 5, 2016
“The Panama Papers are a scam, real documents turned over to a Mossad run organization that now has dirt on even more people and more power to make a very nasty world an even darker and nastier place.”
http://www.veteranstoday.com/wp-content/uploads/2016/04/putin.jpg“NWO agents will never learn. I will continue to make their lives miserable.”

…by Jonas E. Alexis (http://www.veteranstoday.com/contact/staff-writers/)
Whenever New World Order agents and the controlled media make an extraordinary claim with little or no sound evidence, you can be sure that you are going to listen to bizarre things, really crazy things, and unthinkable things. You may want to grab your munchies and sit down for a while because you are going to have some fun.
This is why logic is an important tool because one needn’t be a rocket scientist or even an intellectual to realize that this world is full of nonsense. One can say that nonsense is one of the most salient features of the New World Order. In fact, once you put your thinking cap on, you will quickly realize that the New World Order is littered with inconsistencies, illogical leaps, and just plain claptrap. Logic is a dangerous tool because it can kill the New World Order and people who do not like deductive arguments and practical reason.
Here is a classic example. I wrote an article a few days ago about Donald Trump (http://www.veteranstoday.com/2016/04/01/donald-trump-has-officially-become-a-new-world-order-agent/) and historically argued that his stand on torture simply does not stand up to rational scrutiny. The article is scholarly documented and has no less than forty-seven references.[1] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftn1)
One commenter skipped all the references and even the arguments presented and marshalled a promiscuous and perverse attack on me and VT. He didn’t even care about the actual issues being discussed at all. I seemed to have attacked the ideology of his idol. In response, he wrote that people like me support
“Satanic minded people like Sanders. By this, I mean they are never happy with anyone, not because they are perfectionists, as they never look in the mirror, but ‘transfer’ their own paranoia and sense of inadequacy to others, which materializes as a demand for a person and society that’s fit for angels, not humans.”
This is a self-defeating and ridiculous argument. This person obviously can never be happy about anyone criticizing people he likes. His response is a classic example of ad hominem attack, straw man, and red herring. It has nothing whatsoever to do with the article.
In other words, hard-core evidence will never convince a person with that kind of attitude. His mind is already made up.[2] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftn2) The promiscuous response assumes that I have some kind of animosity toward Donald Trump, when in fact my overarching point in all my articles is to challenge politicians and people of various stripes to apply practical reason in their thinking and in real life. The same goes for other politicians like Hillary Clinton and Bernie Sanders. In fact, we have examined both Clinton and Sanders to the same effect. Another commenter declared:
“I am a woman… I have an IQ above average. I support Donald Trump. Every time an article such as this comes out, I send Donald Trump money, because I do not want him to read the crap written about him online and consider the fact it may just not be worth the effort. I suggest everyone else do the same.”
I again was completely shocked. Shouldn’t a person with an IQ above average focus her attention on what was actually said and at least look at the evidence and respond to it in a rational manner? If Obama starts propounding that torture is fine, should we just applaud him? Should we stay quiet? Did we support the Obama administration for allying with the Israeli regime in propounding fake evidence saying that Assad was using chemical weapons on his own people? There is a logical disconnect here. Which brings me to the central point.
Whenever logic and reason are not on your side, and whenever you have deliberately pledged allegiance to a wicked ideology, you can be sure that your destination will be the opposite of practical reason. The New World Order and its agents have already given us enough signs that this is the case. The recent debacle regarding the so-called Panama Papers is a classic example.
We all know that the New World Order and its agents have already signed a sort of diabolical pact to destroy Putin and the current Russian government. Anything will do: lies, fabrications, covert warfare, etc. We have seen how Jewish Neocons like Victoria Nuland (http://www.informationclearinghouse.info/article37599.htm) have admitted that they spent five billion dollars destabilizing the situation in Ukraine. We have seen how Nuland herself told the EU to “fuck” off (https://www.youtube.com/watch?v=CL_GShyGv3o). We have seen how Putin literally destroyed their diabolical plan in Syria. So, we expect them to be really, really mad. It is no coincidence that NWO agents would be behind this so-called Panama Papers.
For the sake of argument, let us assume for a moment that the paper is accurate. Even then, we are still confronted with insurmountable inconsistencies and logical leaps. The anti-Putin machine declares that
“A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin… [T]hough the president’s name does not appear in any of the records…”
As journalist Robert Bridge rightly argues, “It is evidence that we have entered the latest dangerous phase of a concerted media campaign directed against Russia in general and Putin in particular – and just in time for this year’s legislative elections, which the West would certainly like to crash.”[3] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftn3)
Bridge moves on to ask that “If Putin was not mentioned by name in any of the 11 zillion Panama documents made public by the leaky database of Mossack Fonseca,” then how is it that the controlled media has universally lambasted him? Bridge again destroys the Zionist media by saying:
“Why is the West so obsessed with focusing its narrow attention span on Putin at the exception of corrupt Western leaders who only get passing mention in these hack pieces (incidentally, no American official is mentioned in any media reports regarding the Panama Papers, which is rather odd and certainly implausible since the US – as the 2008 Financial Crisis readily proved – has more than its fair share of individuals who double-park their illicit earnings in offshore havens).
“Here’s a big, fat clue: As the Telegraph dutifully reported on Monday, ‘David Cameron’s father ran an offshore fund which avoided paying tax in Britain by hiring Bahamas residents, including a bishop, to sign paperwork.’
“While it was really swell of the Telegraph and The Guardian to mention Cameron’s father among the Panama revelations, the glorification of David Cameron in these stories – despite these astounding findings – compared to the vilification of Vladimir Putin is outrageous.”[4] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftn4)
The evidence points to the conclusion that Gordon Duff was right on target again when he stated:
“The Panama Papers (http://www.veteranstoday.com/2016/04/04/the-very-nasty-truth-about-the-panama-papers/) are a scam, real documents turned over to a Mossad run organization that now has dirt on even more people and more power to make a very nasty world an even darker and nastier place.”
If you think that Duff is completely wrong here, think about this for a moment. Let us suppose that Putin did hack at least $2 billion from offshore accounts. Do you really think that he is the biggest criminal on the block?[5] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftn5) Haven’t the Neoconservatives sent a six-trillion dollar bill to the American people?
Haven’t companies like Goldman Sachs been in the business of cheating the average American for years? Isn’t the Pentagon still training terrorist cells in Turkey?[6] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftn6) Isn’t the U.S. still manipulating the situation in Ukraine by sending “aid package” in the region?[7] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftn7) Should Putin be the first person to be going to jail? Or are we seeing again that the New World Order is failing miserably?
The so-called Panama Papers were supposed to demolish Vladimir Putin and Russia, but it probably will show that the diabolical system is naked.
[1] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftnref1) I always cite sources for extraordinary claims for specific reasons.
[2] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftnref2) For the past ten years or so, I have met numerous people who have the same kind of attitude toward evidence and logic.
[3] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftnref3) Robert Bridge, “Panama leak reveals more about Western journalism than Vladimir Putin,” Russia Today, April 5, 2016.
[4] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftnref4) Ibid.
[5] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftnref5) Myriah Towner, “The NFL has been tax-exempt for decades and has garnered billions upon billions of dollars. No one ever thought that something is actually wrong. “National Football League gives up decades-old tax-exempt status as commissioner says it was a ‘distraction,’” Daily Mail, April 28, 2015.
[6] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftnref6) “Pentagon is ‘Actually Training Islamist Militants’ in Syria,” Sputnik News, April 2, 2016.
[7] (http://www.veteranstoday.com/2016/04/05/the-new-world-order-is-almost-certainly-behind-the-panama-papers/#_ftnref7) “Ukraine to Receive Technology as Part of US Aid Package – Poroshenko,” Sputnik News, April 5, 2016.

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mick silver

5th April 2016, 10:11 AM

600 Israeli companies, 850 shareholders listed in Panama data leakSource: Times of Israel (http://www.timesofisrael.com/600-israeli-companies-850-shareholders-listed-in-panama-data-leak/)

Some 600 Israeli companies and 850 Israeli shareholders are listed in the 11.5 million documents leaked from a Panamanian law firm detailing offshore dealings.
The trove was published Sunday after a year-long investigation into the material.
According to the probe by the International Consortium of Investigative Journalists (https://panamapapers.icij.org/) (ICIJ) with the German daily Sueddeutsche Zeitung (http://panamapapers.sueddeutsche.de/en/) and other media, including Haaretz, the leaked data from Mossack Fonseca, from 1975 to the end of last year, provides what the ICIJ described as a “never-before-seen view inside the offshore world.”
The documents, from 214,000 entities, detail the offshore holdings of a dozen current and former world leaders, as well as businessmen, criminals, celebrities and sports stars.
Names figuring in the leak included the president of Ukraine, the king of Saudi Arabia and the prime ministers of Iceland and Pakistan, the ICIJ statement said.
Although Russian President Vladimir Putin’s name is not mentioned in the documents, his close associates “secretly shuffled as much as $2 billion through banks and shadow companies,” the ICIJ said.
Among the Israeli names found in the leaked documents are that of top attorney Dov Weisglass, former bureau chief of the late prime minister Ariel Sharon, Jacob Engel, a businessman active in the African mining industry, and Idan Ofer, a member of one of Israel’s wealthiest families, according to Haaretz (http://www.haaretz.com/world-news/1.712497).
The appearance of their names does not necessarily imply wrongdoing, only that they are linked to offshore companies mentioned in the documents.
Weisglass’s name appears as a sole owner of one of four companies set up by his business partner Assaf Halkin. The company, Talaville Global, was registered in the British Virgin Islands in May 2012, according to Haaretz, and seven months later, all of its shares were mortgaged against a loan from a Vienna bank.

Read More... (http://www.timesofisrael.com/600-israeli-companies-850-shareholders-listed-in-panama-data-leak/)

mick silver

5th April 2016, 10:14 AM

I bet most if not all of theys company are usa .....The leaked files mention Sapir Holdings, a company registered in 2002 in the Virgin Islands. The owner and its only director was top-ranking lawyer Jacob Weinroth. He was indicted for money laundering in late 2009 and acquitted two years later of all charges against him. During the trial, it emerged that the company had received 30 million shekels ($7.95 million) for services rendered from Uzbek-Israeli entrepreneur Michael Cherney and Russian-Israeli businessman Arcady Gaydamak. http://www.haaretz.com/world-news/1.712497

mick silver

5th April 2016, 10:25 AM

Head Of "Transparency International" In Chile Resigns After "Panama Papers" Revelations

Source: Zero Hedge (http://zerohedge.feedsportal.com/c/34894/f/645423/s/4ebd3597/sc/13/l/0L0Szerohedge0N0Cnews0C20A160E0A40E0A50Chead0Etran sparency0Einternational0Echile0Eresigns0Eafter0Epa nama0Epapers0Erevelations/story01.htm)

Define irony.
While the global media has been almost entirely focused on the "circle of close Putin friends" who have emerged as some of Mossack Fonseca's clients, and moments ago the Panama Papers even had their first official casualty when the Iceland prime minister resigned, far more amusing examples of "shell firm" perpetrators have emerged, if deep under the radar.
As Reuters reports (http://www.reuters.com/article/panama-tax-chile-idUSL2N1771Z1)with barely a trace of humor, the president of the Chilean branch of Transparency Internationalresigned on Monday after documents from a Panamanian law firm showed he was linked to at least five offshore companies.
For those who are unfamiliar, Transparency International is a German-based organization that seeks to monitor and root out corporate and political corruption worldwide.
Awkward.
Perhaps he should have used Bill Clinton to get the definition of the word "transparency"?
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/Gonzalo%20Delaveau_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/Gonzalo%20Delaveau.jpg)

As much as he would have wanted not to, ultimately he had no choice: "Gonzalo Delaveau presented his resignation as the president of Transparency Chile, which has been accepted by the board of directors," the national body wrote on Twitter.
The reason for his resignation is that Delaveau's name was among the tens of thousands of people (most non-US) that were exposed in the Mossack Fonseca leak.
While Delaveau is not accused of illegal activity, the leaks called into question his post at Transparency International.
According to CIPER, Delaveau, a lawyer, acts as a representative for Turnbrook Corporation, DK Corporation, Heatlhey International Inc, Turnbrook Mining Ltd and Vizcachitas Ltd, all of which are domiciled in the Bahamas. Delaveau also serves as a director for Turnbrook Mining, which owns 51.6 percent of Los Andes Copper, a Canadian exploration and development company currently focused on a mine project north of Chile's capital, Santiago.
Reuters adds that in response to questions from CIPER, he said he was a director only at Turnbrook Mining and that his relations with the other companies were consistent with his role as a lawyer and legal clerk. He added in an interview with a local radio station that he was "extremely surprised" by the "gray, dark area" of Mossack Fonseca.
We would be too.
Delaveau's resignation came hours after Chile's tax authority announced the beginning of an "intense follow-up" of the Chileans mentioned in the Panama Papers, who range from ex-soccer stars to newspaper magnates.
The disclosures come as Chile deals with political and corporate corruption scandals that have left Chileans angry with the entire professional class and eroded the government's popularity.
Sounds very much like the US.

Share This Article... ....... looks like heads are starting to roll now I wonder who head In the usa will roll

mick silver

5th April 2016, 10:29 AM

hell yes this shit starting to become funny of all the rats an leaders that are stealing from there own people just maybe we well all see heading on the chopping blocks ... The who's who of Middle East leaders and their secret billionsSource: Middle East Eye (http://www.middleeasteye.net/news/complete-guide-secret-dealings-middle-east-leaders-revealed-panama-papers-leak-662088930)

Middle East and North African leaders and their families have used secret offshore accounts to stash billions of dollars of cash and manage investments and assets, according to information from the so-called “Panama Papers” leak.
The details of the financial lives of many leaders were contained in the leak of 11.5 million tax documents from the Panamanian offshore law firm Mossack Fonseca.
The documents, which have been seen by more than 100 media groups, were reported on Sunday and have been described as the biggest data leak in history. It reveals the hidden offshore dealings of 140 political figures, including 12 current or former heads of state.
Among them are leaders or close associates and family members from the Arab world, including Qatar, the UAE, Saudi Arabia, Iraq, Jordan, Syria, Egypt and Morocco.
The vast stash of records for the first time details some of the financial dealings carried out by the wealthy leaders and their relatives, revealing how vast property portfolios and bank accounts are managed through a network of companies mostly registered in the tax haven of the British Virgin Islands.
The Mossack Fonseca documents detail more than 40 years of their work for clients that include at least 33 people and companies blacklisted by the US for wrongdoing, such as some Iranian interests and those of Lebanon’s Hezbollah.
The documents were provided by an anonymous source to German newspaper Sueddeutsche Zeitung, who shared them with media worldwide through the International Consortium of Investigative Journalists (ICIJ).
The BBC cited Mossack Fonseca as saying it had operated “beyond reproach” for 40 years and had never been charged with criminal wrongdoing.
Panama’s government vowed on Sunday to “vigorously cooperate” with any legal probe that might follow in the wake of the data leak.
Here is a breakdown from the ICIJ of the documents that relate to leaders and their relatives from the Middle East and North Africa.
The leaders
Qatar
Former prime minister Sheikh Hamad bin Jassim bin Jaber al-Thani bought a company in 2002 that was registered in the British Virgin Islands and three others in the Bahamas.
Through these companies Thani, who is popularly known as HBJ and is worth an estimated $7bn, managed his $300mn super-yacht al-Mirqab.
In 2011, HBJ bought four companies in Panama who held bank accounts in Luxembourg, where Qatar had recently started investing due to its low taxation, according to documents dated July 2013.
The ICIJ did not reveal how much money was held in these accounts but they did reveal that two of his accounts were co-owned with the then Emir of Qatar Sheikh Hamad bin Khalifa al-Thani, who also features in the Mossack Fonseca leak through the ownership of a company in the British Virgin Islands.
The ICIJ published a copy of HBJ’s passport which was included in the leak, which showed his diplomatic status, something which the former prime minister has used recently to avoid prosecution in Britain over allegations he had a British citizen falsely imprisoned and tortured.
A spokesperson for HBJ told the ICIJ that they didn’t “have the right” to answer any questions about the leaked documents because he is “bound by professional secrecy”.
United Arab Emirates
President Khalifa bin Zayed bin Sultan al-Nahyan was the owner of at least 30 companies established in the British Virgin Islands by Mossack Fonseca.
Through these companies the Emirati leader controlled a vast portfolio of luxury properties worth at least $1.7bn that he owns in the upmarket London districts of Kensington and Mayfair.
The purchase of the properties, according to the documents, was financed by loans from the London branch of the National Bank of Abu Dhabi and the Royal Bank of Scotland.
Mossack Fonseca handled the president’s dealings sensitively, and in 2011 the law firm wrote in one leaked document that he was “usually hesitant” about providing information about his identity.
A British law firm that represents Nahyan told the ICIJ that it was “unable to help” with comments on the leak.
Saudi Arabia
King Salman took out loans in 2009 of $34mn for mortgages on his luxury central London homes.
The king’s role is not specified in the documents, according to the ICIJ, but the mortgages are said to be “in relation to” him and his assets.
The documents also name the king as the principal user of a motor yacht called Erga, after his palace in Riyadh.
The Saudi embassy in the US did not respond to the ICIJ when asked to comment on the leak.
Saudi Arabia is currently struggling with a huge budget emergency, which has forced it to consider selling stakes in its oil business to create a $2 trillion wealth fund.
Mohammed bin Salman, the deputy crown prince, on Sunday told Bloomberg that the Saudi government was to introducea sales tax (http://www.bloomberg.com/news/articles/2016-04-04/biggest-ever-saudi-overhaul-targets-100-billion-of-new-revenue) within four years to raise $10bn a year, “restructure” subsidies to generate $30bn a year, and drum up $10bn a year by charging companies who recruit more foreign workers than their official quotas.
Iraq
The former prime minister, Ayad Allawi, used a company registered in Panama at least in part to manage valuable property he owns in London.
Allawi, who opposed the late former leader Saddam Hussein in exile before becoming prime minister in 2004 following the US-led invasion, was the sole shareholder of IMF Holdings, according to the leaked Mossack Fonseca documents.
As of April 2013, the documents showed that the company was registered through the company with an estimated value of $1.5mn.
Allawi had another company registered in Panama, Moonlight Estates Limited, and this also had London property registered under its ownership, however; the ICIJ did not report its value or status.
A media office representing Allawi told the ICIJ that the IMF company was established to own residential property owned by the former prime minister of Iraq.
They said that “any income generated in the United Kingdom from the properties owned by the companies has been properly accounted for” and “taxes have been paid promptly and on time”.
Jordan
Former prime minister Ali Abu al-Ragheb owned several companies registered in the British Virgin Islands and Seychelles, which he co-directed with his wife Yusra.
The British Virgin Islands company was named by the ICIJ as Jaar Investment Ltd, which held a bank account for Ragheb and his wife in Switzerland’s Geneva.
This company was inactivated in August 2008.
Ragheb served as Jordan’s prime minister from 2000 until 2003, when he resigned and joined the boards of leading Jordanian finance and insurance companies.
The Mossack Fonseca documents also showed that until December 2014 Ragheb owned three Seychelles companies, as well as revealing that his sons were listed as directors in numerous other British Virgin Islands’ companies, including Desertstar Investment Capital Limited, which held a bank account at the Arab Bank in Geneva and was used to invest in Jordan.
The family of the leaders
Syria
Two cousins of Syrian President Bashar al-Assad, Rami and Hafez Makhlouf, used Mossack Fonseca to manage their vast and lucrative investments arising out of their relation to Syria’s head of state.
The ICIJ reported that in 2002 Rami Makhlouf cofounded Syriatel, a Syrian mobile telecom company, that he subsequently took 73 percent of shares, most of which was registered with a British Virgin Islands company he owned.
The documents showed the Makhlouf brothers had a slew of bank accounts in Geneva.
The documents showed that in February 2011, around the same time protests broke out against Assad, staff at Mossack Fonseca discussed via email allegations of bribery and corruption made against the Makhlouf family and sanctions imposed by the United States Treasury Department, according to the ICIJ.
In June 2011 the British Virgin Islands Financial Services Commission wrote to Mossack Fonseca regarding a money laundering investigation against the family, which prompted the law firm to subsequently cut ties with the Makhlouf family.
Neither of the two Makhlouf brothers responded to calls for comment made by the ICIJ.
Egypt
Alaa Mubarak, the eldest son of former president Hosni Mubarak, owned the British Virgin Islands registered company Pan World Investments Inc, which was managed by Credit Suisse.
When his father was pushed out of power in 2011, Alaa was arrested by Egyptian authorities and British Virgin Islands authorities told Mossack Fonseca to freeze Pan World’s assets on the basis of European Union legislation.
The Panamanian law firm was fined $37,500 in 2013 for failing to properly carry out checks on Alaa Mubarak who was defined as a “high-risk customer”.
Documents reported by the ICIJ showed that Mossack Fonseca admitted their procedures were “seriously flawed” and later investigations against Mubarak prompted staff at the law firm to admit they could be found “in further breaches”.
Mossack Fonseca staff said they had “very little control” over Mubarak’s Pan World company and in April 2015 they resigned as its agent.
Alaa Mubarak did not respond to the ICIJ when asked to comment on the leak.
Morocco
Mounir Majidi, the private secretary of Morocco’s King Mohammed VI, oversaw the multi-million dollar transactions of a company registered in the British Virgin Islands that bought a luxury car used by the king and executed an expensive renovation of a Paris apartment.
Majidi, who became the king’s private secretary in 2000, was appointed the head of SIGER in 2002, which is the holding company of Morocco’s royal family that controls their interests in mining, agriculture, and telecommunications.
Majidi, with power of attorney control over the SMCD company, purchased in January 2006 a luxury 1930s yacht, the Black Douglas, which was later named El Boughaz I and is now owned and used by the king.
In 2003, a Luxembourg-registered company which Majidi administered borrowed $42mn from a Mossack Fonseca incorporated company to buy and renovate a luxury Paris apartment, according to the ICIJ.
A lawyer representing Majidi told the ICIJ that the business dealings were done “in strict accordance with laws”.

Share This Article...

mick silver

5th April 2016, 10:38 AM

Solution: Slap pictures on the front pages of Putin, Zuma and Xi Ping in the Panama Papers affair.

_______________http://www.veteranstoday.com/wp-content/uploads/2016/04/Rothschild_dynasties_rothschil_400x260-320x208.jpgI-Own-The-Weather-Rothschild.

From Panama to Nevada to “I own the weather (https://www.youtube.com/watch?v=_c7BuX3I5gw)” and a lot of other things besides – Rothschild.
Mossack also had a branch in Reno. With the implementation of FACTA, the old safe havens for stashing money away, Switzerland, Bahamas and the British Virgin Islands, the US has now become the centre for disappearing hot money from the tax man up to and including drug money laundering.
Almost $32 trillion, if some reports are correct.
Now that Mossack has been flushed, so to speak, “offshore” bank accounts are now moving in droves to Nevada, Wyoming, and South Dakota — members of the same nation that has been condemning Swiss Banks.
The US is now the de facto tax haven; or as Peter A. Cotorceanu, a lawyer at Anaford AG, a Zurich law firm, remarked,
“That ‘giant sucking sound’ you hear? It is the sound of money rushing to the USA.”(gold-backed or fiat dollar-backed?)
But more important, with the take down of Mossack in Panama and the flood of clients to the US, Rothschild has now replaced them as a service provider with trust accounts and untraceable numbers hidden behind shell companies, moving the fortunes of wealthy foreign clients to Reno, Nevada, in close proximity to a number of Casinos.

Solution: Slap pictures on the front pages of Putin, Zuma and Xi Ping in the Panama Papers affair.

________________http://www.veteranstoday.com/wp-content/uploads/2016/03/Philanthropists_1101000724_400-243x320.jpgAll that is missing is a hammer and sickle – there is no difference between Corporate Fascism and Communism

Billionaires and Philanthropists
What interests me more than anything else, is the disclosure of the names of over 29 billionaires and who exactly is on that list.
I think that it will be far more interesting than a handful of politicians, all of whom are leaders of countries who are members of the BRICS (gold-Backed) coalition and who so far, have not been directly implicated.
No doubt most if not all of the 29 are non tax paying “philanthropists,” with their names and wealth well buried in untraceable trust accounts that have now found new homes in Reno thanks to Rothschild. (gold-backed or fiat dollar-backed?)
Names such as Buffet, Gates, Koch, Bain, Bush, Adelson, Carlyle, Morgan and Rockefeller come to mind.
So far according to an interactive map created by Brian Kilmartin (https://briankilmartin.cartodb.com/viz/54ddb5c0-f80e-11e5-9a9c-0e5db1731f59/public_map) there are at least 441 clients, 3,072 companies, 211 beneficiaries and 3,467 U.S.-based shareholders of the Panamanian law firm. But we still have no names unlike other international personalities who even though they have not been personally involved have been named and shamed widely.
One last thought. Who leaked the Panama Papers to Wikileaks and who stands to benefit?
Don’t answer that question. I have a better idea:
Slap pictures on the front pages of Putin, Zuma and Xi Ping in the Panama Papers affair.

Katherine Frisk is a freelance writer, political commentator, activist and the author of Jesus Was A Palestinian (http://www.amazon.com/Jesus-Was-Palestinian-Katherine-Frisk/dp/1517155789/ref=sr_1_1?s=books&ie=UTF8&qid=1442061390&sr=1-1&keywords=Katherine+Frisk) http://www.veteranstoday.com/2016/04/04/panama-papers-and-biased-reporting-who-benefits/

mick silver

5th April 2016, 10:45 AM

Panama Papers: where the money is hiding
https://briankilmartin.cartodb.com/viz/54ddb5c0-f80e-11e5-9a9c-0e5db1731f59/public_map

monty

5th April 2016, 01:05 PM

here you go monty more fun today seat back watch the fucking circus .........BANG First George Soros Panama Papers Victim: Iceland Prime Minister ResignsSource: EPJ (http://www.economicpolicyjournal.com/2016/04/bang-first-george-soros-panama-papers.html) Sigmundur David Gunnlaugsson has resigned as Prime Minister of Iceland following intense pressure after it was revealed as part of the "Panama Papers" that he had been receiving payments into a secret offshore account. The Panama Papers appear to be extremely selective leaks from an 11 million document cache that was leaked to a German newspaper. The investigation of the documents was taken over from the paper by the George Soros-funded International Consortium of Investigative Journalists. To date, disclosures have only been made against enemies of either Soros, the United States or the global financial elite, e.g. against Putin, FIFA and Gunnlaugsson, who played hardball in dealing with the global banksters. Share This Article...

That rotten old George Soros has his fingers in everything

mick silver

5th April 2016, 02:41 PM

here you go monty third one to resign ...Iceland Prime Minister ResignsSource: The Reykjavik Grapevine (http://grapevine.is/news/2016/04/05/prime-minister-resigns/)

Sigmundur Davíð Gunnlaugsson will resign as Prime Minister of Iceland.
Minister of Agriculture and Fishing Sigurður Ingi Jóhannsson told RÚV (http://www.ruv.is/frett/sigurdur-ingi-verdi-nyr-forsaetisradherra) just moments ago that Sigmundur has resigned as the Prime Minister. This move still needs the approval of the Independence Party, and the President, before being official.
Sigmundur will remain on as chairperson of the Progressive Party, and Sigurður Ingi will take his place as Prime Minister. Sigurður said that they want to continue their partnership with the Independence Party, and do not recommend early elections at this time.
However, Independence Party chairperson Bjarni Benediktsson is currently meeting the President Ólafur Ragnar Grímsson to discuss the current situation.
Sigurður has publicly defended the Prime Minister since the Panama Papers story broke, going so far as to defend the use of offshore accounts by saying, “It is complicated to have money in Iceland.” (http://www.visir.is/flokid-ad-eiga-peninga-a-islandi-ad-mati-atvinnuvegaradherra/article/2016160339861)

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mick silver

5th April 2016, 02:47 PM

Panama Papers: Hybrid War takes an unexpected turn
Analysis by J.Hawk
The “Panama Papers” affair has the unmistakable hallmarks of a net-centric hybrid war operation: a disparate group of apparently non-state actors, seemingly operating without central direction, carry out an information attack which just happens to dovetail nicely with US international policy objectives and not resulting in a black eye for any prominent US actors. Given the level of corruption of the US elite and the degree of offshoring engaged by US financial institutions, it seems all too fortuitous that the targeted firm did not do too much business with US clients, due to a variety of US laws which specific prohibit offshoring through Panamanian firms. It’s as if someone in the US decided to use Snowden’s act of civil disobedience and attempt to disguise a US information operation as a similar act by a civic-minded individual.
The Source of the Papers
Really, there are only two. One is a disgruntled former employee who, Snowden-style, amasses a treasure trove of sensitive information and then passes it on to the media. There are a couple of problems with that explanation so far. First, we don’t know what that individual would be. To have that level of access to information covered by client-attorney confidentiality (one of the sacrosanct Western values, at least as far as Western propaganda is concerned) one would have to be a highly placed employee of Mossack-Fonseca, for example a member of its Information Technology department with amazing hacking skills or appropriate security clearance. No individual has so far come forward, the firm in question has not identified any such employees, and if such an individual exists, why not come forward? He/she would be an instant global celebrity, the polar opposite of Edward Snowden whose revealing of US criminal wrongdoing earned him what might be a lifetime in exile, several rounds of condemnation by a variety of “liberal” politicians in the US, and not a few credible death threats. Whoever did this has every incentive to go public, go on speaking tours, write books–in short, become a celebrity.
As long as that individual has not come forward, one has to consider the second possibility, namely of an intelligence operation aimed at hacking the firms records and/or infiltrating its staff with own operative(s). The NSA, for example, has all the capabilities it needs to crack open the secrets of any law firm on the planet in this manner, provided the firm keeps electronic records as Mossack-Fonseca did. Then it is only a small matter of passing the information on to a trusted, pro-US government, fake investigative journalist entity financed by a variety of the usual suspects–foundations run by former or future US government officials engaged in the promotion of US national interests in a way that leaves few official fingerprints. ICIJ is founded by the likes of the Pew Foundation, Packard Foundation, Pulitzer Center for Crisis Reporting, Pew Charitable Trusts, the George Soros-funded Open Society, and several others of the sort. That is a very different venue than one chosen by Snowden, who sought out independent journalists like Glenn Greenwald who are so heavily disliked by the official US and British establishments that they rarely dare to step on US soil any more.
Who is the target?
Remarkably, for all the hype, the target does not appear to be Russia. There is very little information there that is new, surprising, incriminating, or even damaging. The sums of money mentioned are small, and the individuals and organizations in question are already under Western sanctions, so that their offshore operations do not appear to be an effort to evade Russian taxes but rather to evade Western sanctions in order to engage in financial operations that benefit the Russian economy. Therefore it is actually possible that top Russian leaders knew of these transactions and approved them in order to fight back against the unilateral use and abuse of Western financial systems.
Likewise the Chinese revelations are not all that surprising or major, and I doubt there is anybody who still thinks that Poroshenko would never engage in offshoring his billions. The single country which finds itself the most exposed by these revelations is…the United Kingdom.
The majority of the firm’s 300,000 clients are firms registered in British tax havens. Mossack-Fonseca’s intermediaries include 1,900 (!) British firms, in addition to over 2,000 firms which are based in Hong-Kong, most of whom likely have close ties to the UK or are British firms’ subsidiaries. The list of intermediaries includes prominent banks, law firms, and company incorporators, and represent a sizable portion of the British financial services market.
It is probably also not a coincidence that the information leak also targets a third, after UK and Hong-Kong, provider of financial services, namely Switzerland with about 1.200 intermediaries listed. The US, by contrast, though no slouch in the offshoring business, only has 400 firms listed on the Mossack-Fonseca list of intermediaries.
This leak cannot be possibly welcome by the British financial industry or by the British political elites, now that senior government officials (including David Cameron’s closest relatives and associates), members of the Parliament, and business executives have been exposed as engaging in offshoring activities. The Panama Papers have already become the number one news story in the UK and it will probably not go away quietly or quickly.
Cui Bono?
As with any form of net-centric warfare, one has to pose the question of who the beneficiaries of this action are, and what the target is supposed to do in response.
The beneficiaries are, without doubt, US financial firms. Panama Papers are serving notice that if one wants to engage in offshoring, in order to avoid unwanted publicity or legal scrutiny, one must do so through a major US firm with close ties to the US government, rather than some NSA-hackable British, Hong-Kong, or Swiss firm. One gets the distinctive impression that the US financial sector is trying to do away with its competition so as to centralize offshoring in its hands.
What the British are supposed to do in response is a separate question. The biggest item on the British agenda is Brexit, and since the EU regulations on financial services are one of the biggest sticking points in the UK-EU negotiations, the revelations may make these negotiations so contentious as to strengthen the pro-Brexit lobby which will seek to escape EU’s scrutiny of London’s City. The irony of the situation is that Prime Minister Cameron was not and probably still is not a genuine supporter of the Brexit, but simply wanted to use the prospect to extract concessions from the EU. The UK does benefit from its peculiar political position, characterized by EU membership and its “special relationship” with the US which allows it to play off the two actors against one another–the usual British “bait and bleed” approach to foreign relations.
Brexit, however, would deprive it of that enviable position and leave it in a far weaker position when dealing with the US. Since balkanizing the EU is also a US foreign policy objective aimed at preventing that organization from ever assuming genuine political viability or independence and to make it vulnerable to a US-imposed “free trade” agreement, Brexit would serve that objective admirably.
At first blush, it seems counter-intuitive for the US to be targeting its “special relationship” ally. However, there is no honor among thieves. The two countries’ financial institutions are in an intense rivalry, with London still being the world’s biggest center for financial services. With the US banks suffering losses due to the gradually bursting shale oil fracking bubble, they require a new source of profits which, in a generally stagnant and even shrinking global economy means depriving competition of business. And in this case competition is mainly in the UK. It is a sign of the progressive cannibalization of the First World, initially evident through the austerity policies aimed at the southern members of the EU. But now the US has upped the stakes considerably.

mick silver

5th April 2016, 02:53 PM

Panama 'tax scam' lawyer is son of Nazi SS officer from dreaded Death's Head division who fled to South America then SPIED on Cuba for the CIA, brother revealsSource: Daily Mail (http://www.dailymail.co.uk/news/article-3522538/I-shocked-astounded-Panama-tax-scam-lawyer-son-Nazi-SS-officer-dreaded-Death-s-Head-division-fled-South-America-SPIED-Cuba-CIA-brother-reveals.html#ixzz44vmvDBhs)

http://i.dailymail.co.uk/i/pix/2016/04/04/11/32D3CE8D00000578-3522538-image-a-21_1459764044807.jpg
The half-brother of Panama lawyer Jürgen Mossack (pictured) revealed that his father was a Nazi S.S. officer during the war, before spying on Cuba for CIA
The man behind a Panama 'tax scam' that guards the clandestine wealth of the global elite is the son of a Nazi SS officer from a unit known as the 'Death's Head division'.
Jürgen Mossack is at the heart of the biggest financial data leak in history, and has allegedly been helping world leaders, politicians and celebrities launder money, dodge sanctions and evade tax from his base in Panama.
It has now been revealed that his father, Erhard Mossack, was a member of the Nazi fighting unit known as the 'Death's Head division', a dreaded force during the Second World War.
Today, his half-brother Horst, has spoken of his 'shock and bewilderment' at the news of the unmasking of his half-brother.
He described the twisted family history that led to the estrangement of the siblings, both of whom raised by a man who not only fought with the Nazis but later joined the CIA to carry out espionage on Cuba.
The 68-year-old Horst last saw his sibling Jürgen 60 years ago when he left the town of Fürth in Bavaria bearing the name of his father Erhard.
Read More... (http://www.dailymail.co.uk/news/article-3522538/I-shocked-astounded-Panama-tax-scam-lawyer-son-Nazi-SS-officer-dreaded-Death-s-Head-division-fled-South-America-SPIED-Cuba-CIA-brother-reveals.html#ixzz44vmvDBhs)
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Glass

5th April 2016, 07:09 PM

HAHAHA. The Nazis are coming. The Nazi's are coming. sheesh. Any Holocaust victims in that data dump?

Does anyone know how Foundations stand in all of this. Most of the super big people run Foundations - claimed to be charitable, as we all know. If it's charitable, I believe the foundation needs to "dontate" 5% of annual profit to charity for tax exempt status to apply.

I've not heard mentiion of Foundations yet, I've off shore companies, not I am hearing Trusts are being used but I don't know if the Trusts are off shore as well or if they are on shore but held by off shore entities.

it's a real shame this data has not been released in raw form.

PatColo

5th April 2016, 08:01 PM

https://i.ytimg.com/vi/cGRZhG0MHNg/mqdefault.jpg (https://www.youtube.com/watch?v=cGRZhG0MHNg)
24:26
The Planned Leaked Panama Papers Are Being Used By The West To Push Specific Agendas - Episode 937b (https://www.youtube.com/watch?v=cGRZhG0MHNg)

1,120 views
2 hours ago

______________________

http://nonalignedmedia.com/wp-content/uploads/2016/04/CHina-Newspaper-332x205.jpg
(http://nonalignedmedia.com/2016/04/all-mention-of-panama-papers-banned-from-chinese-websites/) All mention of Panama Papers banned from Chinese websites (http://nonalignedmedia.com/2016/04/all-mention-of-panama-papers-banned-from-chinese-websites/) The Guardian Internet watchdog forbids editors from covering the scandal as names of high-profile Chinese emerge Chinese news groups have been ordered …

mick silver

6th April 2016, 08:32 AM

In the wake of the 'Panama Papers' Putin to declassify incriminating archival documentsSource: Blacklisted News

Following Sunday's 'Panama Papers' leak Russian president Vladimir Putin to declassify archival documents set to unearth some of the world's political cadavers. Signed April 5th (http://www.kremlin.ru/) Putin added:

"This, as far as I know, according to the information from archive agencies, concerns the period from 1930 to 1989. In these documents there are cases, excuse me, of snitches as well as the innocently repressed, with very interesting names, some documents will surprise society..."

With the curious move to publicize such information on the heels of sunday's corporate nuclear bomb going off Putin's motives remain to be seen as well as the contents of the documents. Surely, however, this political ambush beset on Europe by the Russian state is set to further shake up the political and corporate state of the world.Developing
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mick silver

6th April 2016, 08:37 AM

Two days after "Panama Papers" released, IRS HQ to be closed all week after basement fireSource: AP (http://bigstory.ap.org/article/831987e5b98b4d5896d7c3771e6d7a87/irs-headquarters-stay-closed-all-week-after-basement-fire)

WASHINGTON (AP) — IRS headquarters in Washington will remain closed for the rest of the week while repairs are made after a basement fire in the building.
The agency said in a news release Tuesday that Monday afternoon's fire affected the air handling system. No one was hurt in the fire.
The IRS says telework-ready employees are expected to telework from their approved location.
Officials say tax returns are not processed at headquarters; taxpayers should continue to file their returns.

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mick silver

6th April 2016, 08:39 AM

Here Are Some Of The Americans In The "Panama Papers"Source: Zero Hedge (http://www.zerohedge.com/news/2016-04-05/here-are-some-americans-panama-papers)

With media attention squarely falling on the foreigners exposed by the Panama Papers offshore tax haven scandal, everyone has been asking for more information on who are the Americans involved in this biggest data leak in history. After all, as we showed, Mossack Fonseca had over 400 American clients. But who are they?
Today, courtesy of McClatchy, we get some answers: while there are no politicians of note are in files but plenty of others. Among them: Retirees, scammers, and tax evaders, all of whom found a use for secrecy of offshore companies.
As the news paper reports, "the passports of at least 200 Americans show up in this week’s massive leak of secret data on secretive offshore shell companies."
And yet, the following release may prompt merely more questions: given the high-profile nature of some of the foreign names in the leaks "many of the Americans may seem like small fish."
Perhaps few Americans used Panama to hide their shady dealings; perhaps that was as intended.
In any event, here are some of the findings courtesy of McClatchy:
Determining a precise number of Americans in the data is difficult. There are at least 200 scanned individual U.S. passports. Some appear to be American retirees purchasing real estate in places like Costa Rica and Panama. Also in the database, about 3,500 shareholders of offshore companies who list U.S. addresses. And almost 3,100 companies are tied to offshore professionals based in Miami, New York, and other parts of the United States.
Further complicating matters, some U.S. citizens enjoy dual citizenship and open accounts under foreign passports. Others appeared to be American retirees purchasing real estate in places like Costa Rica and Panama.
Among the cases McClatchy and its partners found:
Robert Miracle of Bellevue, Wash., is in the files. He was indicted for a $65-million Seattle-area Ponzi scheme involving investment in Indonesian oilfields, with new investors’ money allegedly used to pay off past investors. Miracle was sentenced on May 13, 2011, to 13 years in prison after pleading guilty to wire fraud and tax evasion.
Miracle’s company was called Mcube Petroleum, and it remained an active shareholder in several offshore companies in the British Virgin Islands up until he pleaded guilty. The offshores were created by Mossack Fonseca.
Benjamin Wey is a U.S. citizen and president of New York Global Group. He was indicted last year, along with his Swiss banker, Seref Dogan Erbek, on securities fraud charges. Wey’s alleged scheme to conceal a true ownership interest in publicly traded companies was at the heart of the charges. Wey is accused of using offshores set up with Mossack Fonseca to disguise complicated transactions between Chinese operating companies and publicly traded U.S. shell companies.
The two “are believed to have profited in the tens of millions, while victim shareholders were left holding the bill,” Diego Rodriguez, an FBI official involved in the case, said in a statement at the time of indictment.
Florida billionaire Igor Olenicoff, a commercial real estate mogul, appears in the data as a shareholder of Olen Oil Management Limited. He raised a national stir in 2007 after being sentenced to just two years of probation for tax evasion. He paid a $52 million fine after not declaring more than $200 million in offshore shell companies. More recently, he was found guilty in 2014 for making replicas of a pricey sculpture and was ordered to make restitution to the sculptors whose work he had copied.
There’s Anthony J. Gumbiner, the Dallas-area chairman of Hallwood Group Inc. He’s a British national with deep Texas ties who settled an insider trading case in 1996 with the Securities and Exchange Commission, paying $1.7 million in penalties at the time.
A jetsetter in the 1980s, Gumbiner was known for his lavish lifestyle in Monte Carlo. More recently, he’s been tied up in litigation over oilfield investments. His Hallwood Energy filed for Chapter 11 bankruptcy protection in 2009.
It wasn’t until 2015 that the law firm seemed to catch on to Gumbiner’s legal problems and started to conduct enhanced background checks. By then his offshore companies had been inactive since 2011.
And there’s John Michael “Red” Crim, author of the self-published books “From Here to Malta,” and “I’ve Been Arrested, Now What?”
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/Offshore-Crooks-1_Crim_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/Offshore-Crooks-1_Crim.jpg)
Federal jurors in Philadelphia in January 2008 convicted Crim and two associates in a plot to have investors use phony trusts to cheat the IRS out of roughly $10 million in tax revenue.
In an interview with McClatchy's project partner Fusion, at a halfway house in Los Angeles last February, Crim described how he brought business to Mossack Fonseca and other registered corporate agents.
"My responsibility is to set-up the documentation, hand it over to the client, and now they're in business," Crim said. "I don't even know sometimes what that business is about, and I didn't want to spend all my time investigating what they're doing. I mean, some of (them) just flat out would tell you it was none of your business."
In a separate case, federal authorities were unaware that a defendant in a fraud case had an offshore account with Mossack Fonseca. Internet phone company executive Jonathan Kaplan pleaded guilty in Bridgeport, Conn., in 2007 to accepting more than $400,000 in a commercial bribery scheme.
Kaplan received probation. A law enforcement source, speaking on condition of anonymity because of pending legal matters, confirmed that prosecutors did not know that Kaplan had established an offshore company in the British Virgin Islands in 2004 called SGA Wireless. It remained active until May 2010.
Reached by phone in New Jersey, Kaplan was asked whether he told authorities about SGA Wireless. He stammered, “I’m going to have to decline. I’ll talk to you.” He then abruptly hung up.
* * *
As we said, the surprising lack of any high profile names could merely stoke speculation of list scrubbing, or alternatively, we hope it will force the broader population to shift its attention to the true real locus of "offshore tax evasion", perhaps the biggest in the world: the United States of America itself (http://www.zerohedge.com/news/2016-04-05/cat-out-bag-interview-mossack-fonseca-founders-admit-its-over-rothschilds-delight).

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mick silver

6th April 2016, 08:40 AM

Panama Papers are propaganda backed by Soros, Rockefeller and CIASource: Hang The Bankers (http://www.hangthebankers.com/panama-papers-propaganda-soros-rockefeller-cia/)

Editor’s note: no doubt there is a lot of corruption going on through Panama, although much of it is also considered legal. The point is no major western players have been named in these papers that were obtained and held onto over a year ago.
With it now being confirmed that western establishment groups were behind the ‘hack’ it’s little wonder that the ‘leaks’ have been put out to only target enemies or threats to the western elite. The only western people named are underlings to those in the top levels of power. The top US person named…singer Tina Turner!
The corporate media has seized upon the so-called Panama Papers (http://www.hangthebankers.com/panama-leaks-enemies-west/) linked to the law firm Mossack Fonseca to heap condemnation on Russian President Vladimir Putin.
“ICIJ [International Consortium of Investigative Journalists] and an international coalition of media outlets investigated the trove of papers, which allegedly reveal a clandestine network involving associates of Russian President Vladimir Putin, and business ties between a member of FIFA’s [Fédération Internationale de Football Association] ethics committee and men whom the United States has indicted for corruption,” CNN (http://www.cnn.com/2016/04/04/world/panama-papers-explainer/) reports this morning.
Putin is headlined in the emerging scandal, although he is not directly connected to the scheme to move billions of dollars into offshore tax havens. 12 current or former world leaders and 128 other politicians and public officials are directly implicated, but they play second fiddle to Putin in corporate media news storie
The establishment has not bothered to investigate the International Consortium of Investigative Journalists (ICIJ), the organization behind the leak. A trip to its web page (http://www.icij.org/about) reveals its support and funding sources: the Open Society Foundations (a George Soros outfit), the Ford Foundation and a host of other foundations. Soros’ anti-Russian obsession is well-known. Less well-known is the fact the Ford Foundation is connected to the CIA (http://www.ratical.org/ratville/CAH/FordFandCIA.html) and has specialized in international cultural propaganda since the end of the Second World War.
Craig Murray (https://www.craigmurray.org.uk/archives/2016/04/corporate-media-gatekeepers-protect-western-1-from-panama-leak/) points out that ICIJ is funded and organized by the Center for Public Integrity (CPI), a liberal “watchdog” group famous for portraying Patrick J. Buchanan as a white supremacy supporter during the 1996 presidential race. Murray notes CPI is funded by a raft of globalist interests, including the Ford Foundation, the Carnegie Endowment, the Rockefeller Family Fund and the Open Society Foundation.
“The corporate media—the Guardian and BBC in the UK—have exclusive access to the database which you and I cannot see. They are protecting themselves from even seeing western corporations’ sensitive information by only looking at those documents which are brought up by specific searches such as UN sanctions busters. Never forget the Guardian smashed its copies of the Snowden files on the instruction of MI6,” writes Murray.
http://www.hangthebankers.com/wp-content/uploads/2016/04/Panama-Papers-leaks.jpg
ICIJ and CPI are attempting to hijack investigative journalism and trade on the notoriety of Edward Snowden and WikiLeaks to take down Putin and Bashar al-Assad, the embattled leader of Syria.
The Panama Papers expose offshore tax havens in Switzerland, the Bahamas, Grand Cayman, and Panama, but says nothing about a new arrangement legalized under FATCA, the Foreign Account Tax Compliance Act.
The law “makes the parking of dirty US money abroad practically impossible. So where does that money go instead—it stays in the US,” writes Zero Hedge (http://www.zerohedge.com/news/2016-04-05/cat-out-bag-interview-mossack-fonseca-founders-admit-its-over-rothschilds-delight). “And, to top it off, there is one specific firm which is spearheading the conversion of the U.S. into Panama: Rothschild.”
The international bankster institution opened a trust company in Reno, Nevada. “It is now moving the fortunes of wealthy foreign clients out of offshore havens such as Bermuda, subject to the new international disclosure requirements, and into Rothschild-run trusts in Nevada, which are exempt,” Bloomberg (http://www.bloomberg.com/news/articles/2016-01-27/the-world-s-favorite-new-tax-haven-is-the-united-states) reports. The United States “is effectively the biggest tax haven in the world,” boasted Andrew Penny of Rothschild. One of the world’s largest providers of offshore accounts, Trident Trust, opened an office in Sioux Falls, South Dakota.
The financial elite will gladly sacrifice Sigmundur David Gunnlaugsson, the prime minister of Iceland, and even the family of David Cameron, to get at Vladimir Putin.

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mick silver

6th April 2016, 09:46 AM

https://cdn.superstation95.com/media/k2/items/cache/c117827dcb434d781be62e3d9512c6d2_M.jpg?1459877660

palani

6th April 2016, 06:04 PM

Panama Papers and Hillary connection ... too bad .. so sad!!!

https://thehornnews.com/clinton-link-discovered-panama-papers/

The massive Panama Papers data leak has already led the prime minister of Iceland to step aside, and has raised major questions about Russian President Vladimir Putin’s overseas fortunes.

Now it looks like the growing scandal could claim another victim — current Democratic frontrunner Hillary Clinton.

Researchers have discovered a scandalous link between Clinton’s campaign and an allegedly corrupt Russian bank — and it could raise serious questions as her presidential campaign rolls forward.

One of the banks named in the Panama Papers is Sberbank, which has been accused of being a personal bank of the Russian elite and even of helping to fund unrest in the Ukraine.

And Sberbank has been employing a lobbying firm linked to both a major Clinton fundraiser and her current campaign manager.

The lobbying firm in question — The Podesta Group — was co-founded by Clinton campaign manager John Podesta and is run by his brother Tony, who is a Clinton fundraiser and confidante.

Just weeks before the Panama Papers leaked, Sberbank had hired The Podesta Group to lobby on behalf of ending sanctions against Russian banks, which were put in place by America and her allies in response to the alleged Russian military intervention in Ukraine.

The fact that the Panama Papers have revealed that Clinton campaign associates have been retained to work on behalf of Russian banks — and against American interests — could spell long-term trouble for her campaign.

In particular, it is certain to revive concerns about massive amounts of foreign money that the Clinton Foundation and former President Bill Clinton received from foreign entities during Hillary Clinton’s time as secretary of state.

There have long been accusations that the Clintons were essentially offering influence to large foundation donors.

Voters and experts say the Panama Papers documents, which detail how business and political leaders hide vast sums of wealth, validate the frustration felt by supporters of Clinton rival Vermont Sen. Bernie Sanders, who feel hard work is no longer enough to get ahead in America, as well as the anger of GOP frontrunner Donald Trump voters who want the system dismantled.

“We’ve recently heard the startling revelations about the tax dodge that is taking place in Panama,” Sanders told supporters in Wyoming Tuesday night after his win in the Wisconsin Democratic primary.

Joe Brettell, a Republican strategist based in Houston, doubted whether the public’s fury could get much worse.

“The populist anger being fueled primarily by working-class Americans didn’t need any more fuel,” Brettell said. “They’ve already lived through the financial meltdown. They’ve already lived through the lack of middle class wage increases even as the stock market boomed.”

“[Trump’s] issue is not that these rich people are not playing by the rules. It’s that we need powerful people who will protect Americans,” Postel said. “That’s a different thing that provokes outrage.”

collector

6th April 2016, 06:17 PM

They should allocate more FBI agents into investigating the Hillary Panama Papers scandal. if they work fast, maybe all the evidence of corruption can be handed over to the Obama administration and he can dismiss all of it at once

Glass

6th April 2016, 06:29 PM

what are the Presidential powers of Pardon based on?

PatColo

7th April 2016, 02:17 AM

36m:

https://i.ytimg.com/vi/_L86THwtNf0/mqdefault.jpg (https://www.youtube.com/watch?v=_L86THwtNf0)
Gerald Celente On Soros & The Panama Papers & Why A Hilary Clinton Presidency Means War (https://www.youtube.com/watch?v=_L86THwtNf0)

69 views
20 minutes ago

mick silver

7th April 2016, 03:38 PM

Putin Denounces "Panama Papers" As U.S. Plot To Destabilize RussiaSource: Zero Hedge (http://zerohedge.feedsportal.com/c/34894/f/645423/s/4eca6f02/sc/24/l/0L0Szerohedge0N0Cnews0C20A160E0A40E0A70Cputin0Eden ounces0Epanama0Epapers0Eus0Eplot0Edestabilize0Erus sia/story01.htm)

The last few days days have been rife with speculation about the motivation, if any, behind the release of the Panama Papers, with the most prominent example coming from Wikileaks two days ago on Twitter which accused (http://www.zerohedge.com/news/2016-04-05/shots-fired-wikileaks-accuses-panama-papers-leaker-being-soros-funded-soft-power-tax)the journalist consortium behind the leak, the ICIJ, of being a "Washington DC based Ford, Soros funded soft-power tax-dodge which has a WikiLeaks problem" and adding that "PanamaPapers Putin attack was produced by OCCRP which targets Russia & former USSR and was funded by USAID & Soros."

As we further suggested, the fact that none other than Rothschild (http://www.zerohedge.com/news/2016-04-05/rotschild-admits-america-biggest-tax-haven-world-obama-slams-tax-evasion), which is trying to corner the US-based "tax haven" sector, stands to benefit from the collapse of the Panama offshoring industry (as international clients who demand to maintain their anonymous status are forced to move to the US), may lead to further questions about a potential conflict of interest behind said release.
But while these and many other questions will remain unanswered, including why the ICIJ is cherrypicking which names to release especially as pertains to US clients of the Panamanian law firm, earlier today Russian president Putin made his first public announcement on the topic of the Panama Papers.
Acording to AP, (http://bigstory.ap.org/article/b2e8d290404b40478cd4198b86d6adf2/putin-says-panama-papers-part-us-plot-weaken-russia)Putin denied having any links to offshore accounts and described the Panama Papers document leaks scandal as "part of a U.S.-led plot to weaken Russia." Putin described the allegations as part of the U.S.-led disinformation campaign waged against Russia in order to weaken its government. "They are trying to destabilize us from within in order to make us more compliant," he said.
"So here we've got some friend of the Russian president, he has done something, probably there is an aspect of corruption to it... But what aspect [exactly]? Well, there is none," Putin said on Thursday, addressing a media forum in St. Petersburg. He also pointed out that he himself had not been mentioned in the leaked documents.
"You are all journalists here and you know what an informational product is... They've plowed through offshore [funds]. [Putin] is not there, there is nothing to talk about. But the task has been assigned! So what have they done? They've created an informational product by having found some acquaintances and friends," the president told the media forum.
According to Putin, the Panama Papers episode is yet another attempt to destabilize Russia from within, and make it "more agreeable (https://www.rt.com/news/338807-putin-panama-papers-reaction/)."
"The easiest way to do so is to induce some mistrust to authorities within the society," Putin said, adding that the creators of the leak aimed at the unity of the multiethnic Russian people.
The Washington-based International Consortium of Investigative Journalists said the documents it obtained indicated that Russian cellist Sergei Roldugin acted as a front man for a network of Putin loyalists, and, perhaps, the president himself.
Putin defended Rolgudin, describing him as a philanthropist who spent his own funds to buy rare musical instruments for Russian state collections. Speaking at a media forum in St. Petersburg, Putin said Western media pushed the claims of his involvement in offshore businesses even though his name didn't feature in any of the documents leaked from a Panamanian law firm.
Putin said Roldugin, a longtime friend, did nothing wrong. He said he was proud of Roldugin, adding that the musician spent his personal money to advance cultural projects. Roldugin used the money he earned as a minority shareholder of a Russian company to buy rare musical instruments abroad and hand them over to the Russian state.
"I am proud of people like Sergey Pavlovich [Roldugin]... and am proud to have him among my friends," Putin said, adding that claims that the cellist has billions are nonsense. "Almost all money that he has earnt he spent on buying music instruments abroad, which he then brought to Russia" and gave them to state institutions, Putin said.
"Without publicizing himself, he also has worked to organize concerts, promote Russian culture abroad and effectively paid his own money for that," Putin added. "The more people like him we have, the better. And I'm proud to have friends like him."
Putin contended that Washington has fanned allegations of Russian official corruption in order to weaken Moscow as the U.S. has become concerned about Russia's growing economic and military might.
"The events in Syria have demonstrated Russia's capability to solve problems far away from its borders," he said, adding that Moscow has achieved its goal "to strengthen the Syrian statehood, its legitimate government bodies."
He also touched on the topic of Ukraine, which yesterday suffered a major diplomatic loss after a Dutch referendum voted against an accession agreement meant to bring Ukraine and Europe closer together. Some of Russia's counterparts on the international arena "got used to a monopoly" there "and don't want to consider others," he said, having also quoted some opinions on why relations with the West have worsened.
"Our position on the situation in the south-east of Ukraine, as well as smaller scale things, such as [Russia's] refusal to extradite [Edward] Snowden have become irritants in our relations," Putin said.
Meanwhile, Ukraine's president, Petro Poroshenko, who was explicitly named in the ICIJ leaks, had to be defended by Rothschild (more on that in a subsequent post).

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mick silver

8th April 2016, 10:25 AM

Here Is Rothschild's Primer How To Launder Money In U.S. Real Estate And Avoid "Blacklists"Source: Zero Hedge (http://zerohedge.feedsportal.com/c/34894/f/645423/s/4ecb25b3/sc/24/l/0L0Szerohedge0N0Cnews0C20A160E0A40E0A70Cexclusive0 Ehere0Erothschilds0Eprimer0Ehow0Elaunder0Emoney0Eu s0Ereal0Eestate0Eand0Eavoid0Eblackli/story01.htm)

Anyone closely following the Panama Papers tax haven story, is by now familiar with the role that Rothschild plays in providing virtually identical services right inside the US by the Rothschild Trust, as explained in our recent article "Rothschild Humiliates Obama, Reveals That "America Is The Biggest Tax Haven In The World (http://www.zerohedge.com/news/2016-04-05/rotschild-admits-america-biggest-tax-haven-world-obama-slams-tax-evasion)."
They are also probably familiar with the name Andrew Penney profiled in January by Bloomberg as follows (http://www.bloomberg.com/news/articles/2016-01-27/the-world-s-favorite-new-tax-haven-is-the-united-states):

Rothschild, the centuries-old European financial institution, has opened a trust company in Reno, Nev., a few blocks from the Harrah’s and Eldorado casinos. It is now moving the fortunes of wealthy foreign clients out of offshore havens such as Bermuda, subject to the new international disclosure requirements, and into Rothschild-run trusts in Nevada, which are exempt.
* * *
For financial advisers, the current state of play is simply a good business opportunity. In a draft of his San Francisco presentation, Rothschild’s Penney wrote that the U.S. "is effectively the biggest tax haven in the world." The U.S., he added in language later excised from his prepared remarks, lacks “the resources to enforce foreign tax laws and has little appetite to do so.”
So for all those now former Mossack Fonseca, or their "Panamanian" peers who have not been rooted out yet, or for anyone else who wishes to open a domestic "trust", here is the primer straight from Rothschild Trust.
Key highlights:

In the year since we opened Rothschild Trust North America in Reno, Nevada, we have discovered the versatility of Nevada trusts and their usefulness within the context of our international business.
Rothschild Trust has long embraced clients with US connections and the complexity this brings to planning. Our new US offering has enabled us to offer creative solutions not only to anticipated situations, but also to unusual or complex scenarios that require bespoke structures.
In our experience, Nevada trusts can be useful planning tools not only for onshore or first generation American families, but also for foreign offshore families looking to invest in the US.
Such structures maintain privacy and block US estate tax liability, but are subject to two layers of income tax (at both the corporate and shareholder level) as well as high levels of both income and capital gains tax, making them inefficient for appreciating or income-generating property.

Worried about FATCA exposure abroad? Just use Rothschild domestically:

In the build-up to FATCA implementation, some US clients who had assets in offshore trusts for historic reasons have decided to domesticate these structures to lower the burden of reporting. These domestications form part of the general trend we have seen towards moving structures onshore.
The US, and Nevada in particular with its favourable trust laws and attractive state tax regime, offers a variety of planning opportunities that can achieve complex planning aims with simplified reporting obligations and compliance concerns.

Here Rothschild explains to foreigners how to launder money using U.S. real estate:

The foreign company contributes its shares to the US LLC and then liquidates, and the US corporate subsidiary it owns elects to be treated as a qualifying sub-chapter “S” subsidiary. The end result is a single layer of US income tax and reduced rates on income and capital gains tax, though in the case of property that has appreciated greatly in value – such as, for example, prime New York condominiums – there can be a significant tax cost to the liquidation.
We have recently seen the usefulness of “foreign” Nevada trusts for offshore foreign investors in US real estate. The appointment of a foreign protector to a trust that would otherwise qualify as a US domestic trust causes the trust to fail the “control” prong of the US court and control test for trust situs, and therefore prevents the trust from qualifying as tax-resident for US federal income tax.
Generally, this type of structure is useful for foreign offshore investors in US real estate (or other US situate assets) who do not wish to file US tax returns in their own name and who, having no personal US nexus, would like to minimize the amount of US tax payable on the investments

This, of course, would not be possible if the National Association of Realtors was not complicit. Which it is, as we have covered since 2012:

Many of you reading this will undoubtedly have spent time in an international bank and been forced to sit through countless hours of “know your client” and AML training. Fascinating to note that the National Association of Realtors lobbied for and received a waiver from such regulation. That’s right, realtors actually went to the U.S. government and said: we want to be able to help foreign business oligarchs and other nefarious business people launder money through the real estate markets of the United States – and prevailed.

Here's their official position:

"NAR supports continued efforts to combat money laundering and the financing of terrorism through the regulation of entities using a risk-based analysis. Any risk-based assessment would likely find very little risk of money laundering involving real estate agents or brokers. Regulations that would require real estate agents and brokers to adopt anti-money laundering programs may prove to be burdensome and unnecessary given the existing ML/TF regulations that already apply to United States financial institutions."
So far, regulations that prevent foreigners from laundering money in the US have indeed proven "burdenseome." The result: record high luxury real estate prices which is now used by foreign oligarchs and money launderers as the modern day "Swiss bank account", and which make this particular sector of US housing accessible only to other foreigners.
If you are still not convinced to use Rothschild, here is one more reason: to avoid a "blacklists" - after all, everyone is anonymous:

Nevada “foreign” trusts may also prove attractive to settlors from politically sensitive countries who are grappling with blacklists and strict CFC regulations as they seek to structure their assets.

And here is where Rothschild comes as close as it possibly could to putting that US-based tax havens are used for tax evasion:

The use of Nevada “foreign” trusts avoids blacklists and the stigma that can come with placing assets in jurisdictions typically viewed as tax havens, without creating exposure to US income tax on non-US income. As more countries adopt blacklists, strict CFC regimes and other measures designed to shut-down perceived tax havens, the flexibility and higher degree of certainty afforded by US trusts may become increasingly attractive.
The question, then, is why does the US not adopt such a regime which makes money laundering impossible for both foreigners and in more limited instances, residents? For now, however, it hasn't and probably won't, despite Obama's heartfelt appeal on (http://www.zerohedge.com/news/2016-04-05/rotschild-admits-america-biggest-tax-haven-world-obama-slams-tax-evasion)Tuesday that "Tax avoidance is a big, global problem."
So for all those who can't wait to use Rothschild for all their "Trust" needs, here is your contact:
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/andrew%20penney_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/andrew%20penney.jpg)

The Rothschild primer:
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/roth%201_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/roth%201.jpg)
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/roth%202_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/roth%202.jpg)
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/roth%203_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/03/27/roth%203.jpg)
h/t Ronan
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/roth%20logo.jpg?1460056082

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mick silver

8th April 2016, 10:28 AM

STATE DEP’T TO PUTIN: US GOV’T WAS NOT ‘IN ANY WAY INVOLVED’ IN PANAMA PAPERS LEAKSource: CNS News (http://www.cnsnews.com/news/article/patrick-goodenough/state-dept-putin-us-govt-was-not-any-way-involved-panama-papers-leak)

The State Department on Thursday rejected allegations – by Russian President Vladimir Putin or anyone else – that the U.S. government had a hand in the leak of the so-called Panama Papers, millions of documents revealing the offshore holdings of politicians, businesspeople, and celebrities.
“I would reject the premise or the assertion that we’re in any way involved in the actual leak of these documents,” said State Department spokesman Mark Toner, referring to 11.5 million files from Panama-based law firm Mossack Fonseca, which claims the files were hacked, rather than leaked by an insider.
Several of Putin’s associates have been named in reports on the leaked documents, and on Thursday, Putin suggested his opponents were trying to weaken Russia from within by “spreading distrust for the ruling authorities.”
To back his insinuation that the U.S. was involved, Putin alluded to a tweet Wednesday from Wikileaks, which drew attention to the fact that one of the scores of media organizations involved in the Panama Papers investigation, the Organized Crime and Corruption Reporting Project (OCCRP), gets funding from the U.S. Agency for International Development (USAID) and George Soros’ Open Society Institute.
“We now know from WikiLeaks that officials and state agencies in the United States are behind all this,” Putin said during a media forum in St. Petersburg.

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Glass

8th April 2016, 04:59 PM

so the biggest thiefs in the world wants you to tell them all about your assets, wealth and where you stash it. I'm sure you can trust them. I know I would.

mick silver

9th April 2016, 02:18 PM

Live Feed: Protesters Demand David Cameron Resignation Following Panama LeaksSource: Zero Hedge (http://zerohedge.feedsportal.com/c/34894/f/645423/s/4ed43554/sc/13/l/0L0Szerohedge0N0Cnews0C20A160E0A40E0A90Cthousands0 Edemand0Edavid0Ecameron0Eresignation0Efollowing0Ep anama0Eleaks0Elive0Ewebcast/story01.htm)

Following the release of the Panama Papers, and UK PM David Cameron's admission that he had a stake in his father's offshore trust, earlier today the Prime Minister admitted that he "mishandled the fallout" from his links to the Panama offshore fund scandal, SkyNews reports (http://news.sky.com/story/1675596/pm-blame-me-for-panama-papers-fallout).
The PM has been accused of "misleading the public" after admitting he made money from the sale of those shares, which he disposed of in 2010. Downing Street had initially said Mr Cameron's financial affairs were a "private matter", before backtracking.
Quote Cameron: ""I know that I should have handled this better. I could have handled this better. I know there are lessons to learn and I will learn them."

"Don't blame number ten Downing St or nameless advisers. Blame me, and I will learn the lessons."

"I was very angry about what people were saying about my dad. I love my dad. I miss him every day. He was a wonderful father and I'm very proud of everything he did. But I mustn't let that cloud the picture and the facts are these, the facts are that I bought shares in a unit trust shares that are like any other sorts of shares and I paid tax on them in exactly the same way."

"I sold those shares and in fact I sold all the shares that I owned on becoming Prime Minister. And later on I will be publishing my... The information that goes into my tax return, not just for this year but for years gone by because I want to be completely transparent and open about these things. I will be the first Prime Minister, first leader of a major political party to do that, but I think it is the right thing to do."
Cameron concluded that "it has not been a great week." It got worse when a Sky News poll found that a majority of Britons - some 57% - trust Prime Minister David Cameron less now than they did before the scandal emerged. Cameron faced accusations of hypocrisy because of his previous tough talk on tax avoidance.
Meanwhile, since noon GMT time, protesters have been gathering in front of UK Prime Minister David Cameron’s 10 Downing Street residence in London to call for his resignation. The demonstration has been called as a consequence of Panama Papers leak, which involves Cameron’s family and earnings.
According to the organizers, the protest will end only after he resigns.

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/downing.jpg?1460205456

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Glass

9th April 2016, 07:57 PM

I know there are lessons to learn and I will learn them.

I'm guessing those lessons won't be how to be honest. How not to get caught perhaps?

mick silver

11th April 2016, 01:36 PM

The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go CashlessBy Ellen Brown, Web of Debt Blog (https://ellenbrown.com/)Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds.
The bombshell publication of the “Panama Papers,” leaked from a Panama law firm specializing in shell companies, has triggered both outrage and skepticism. In an April 3 article titled “Corporate Media Gatekeepers Protect Western 1% From Panama Leak,” UK blogger Craig Murray writes that the whistleblower no doubt had good intentions; but he made the mistake of leaking his 11.5 million documents to the corporate-controlled Western media, which released only those few documents incriminating opponents of Western financial interests. Murray writes:

Do not expect a genuine expose of western capitalism. The dirty secrets of western corporations will remain unpublished.
Expect hits at Russia, Iran and Syria and some tiny “balancing” western country like Iceland.
Iceland, of course, was the only country to refuse to bail out its banks, instead throwing its offending bankers in jail.
Pepe Escobar calls (http://www.telesurtv.net/english/opinion/Dance-to-the-Panama-Papers-Limited-Hangout-Leak-20160405-0036.html) the released Panama Papers a “limited hangout.” The leak dovetails with the attempt of Transparency International (http://www.thedailybell.com/news-analysis/transparency-international-plots-to-strip-global-privacy-with-public-registry-of-ownership/) to create a Global Public Beneficial Ownership Registry, which can collect ownership information from governments around the world; and with UK Prime Minister David Cameron’s global anti-corruption summit next month.According to The Economist (http://www.economist.com/news/leaders/21696532-more-should-be-done-make-offshore-tax-havens-less-murky-lesson-panama-papers), “The Panama papers give him just the platform he needs to persuade other governments, and his own, to turn their tough talk of recent years into action.”
The Daily Bell suspects (http://www.thedailybell.com/news-analysis/transparency-international-plots-to-strip-global-privacy-with-public-registry-of-ownership/) a coordinated global effort linked to the push to go cashless. It’s all about knowing where the money is and who owns it, in order to tax it, regulate it, “sanction” it, or confiscate it:

Without privacy, authoritarianism flourishes because it is impossible to build and expand private networks that would act as a deterrent . . . . A worldwide transparency regime virtually guarantees abuses and corruption from those in power.
This is a reason why the “cashless society” idea is such a bad one. When no one is able to use cash, financial histories will be easily available via electronic bank records.
Michael Snyder of InvestmentWatchBlog.com also links (http://investmentwatchblog.com/panama-papers-long-con-nirp-will-make-holding-physical-cashgoldsilver-an-illegal-tax-haven/) the Panama Papers with the push to go cashless:

. . . [W]ith this Panama Paper leak and all its pre-conditioning against tax havens, people aren’t realizing yet that very soon, once Negative Interest Rates and Bail-Ins are being openly discussed and prepared for implementation, the whole tax haven or tax dodger discussion in the media will quickly switch from talking about corrupt billionaires and shell companies half way around the world, and instead will be talking about something much closer to home . . . .
In my strong opinion this whole thing is all part of the coming capital control war, which ties directly in with the coming transition to a biometric digital currency, the implementation of Negative Interest Rates, the rollout of large scale systemic bail-ins, and the demonization and eventual criminalization of physical assets that are outside of direct taxation control (which again would be done using the pre-conditioned guise of “tax havens”, with physical precious metals and physical cash being the main targets).
War on Corruption or War on Savers?
What we may be witnessing here is the 1% going after the 10% of people who, according to German researcher Margrit Kennedy, do not need to borrow but are “net savers.” Today the remaining 90% are “all borrowed up.” Either they are unwilling to borrow more or the banks are unwilling to lend to them, since they are poor credit risks. Who, then, is left to feed the machine that feeds the 1%, and more specifically the 0.001%? The power brokers at the top seem to want it all, and today that means going after those just below them on the financial food chain. The challenge is in squeezing money from people who don’t need to borrow. How to legally confiscate their savings?
Enter bail-ins, negative interest, all-digital currencies, and the elimination of “tax havens.”
Bail-ins allow the largest banks to gamble with impunity with their depositors’ money. If the banks make bad bets and become insolvent, they can legally confiscate the deposits to balance their books, through an “orderly resolution” scheme of the sort mandated in the Dodd-Frank Act.
Negative interest is a fee or private tax on holding funds in the bank.
Eliminating cash prevents the bank runs that these assaults on people’s savings would otherwise trigger. Money that exists only as digital entries cannot be withdrawn and stored under a mattress.
Exposing tax havens shows the predators where the money is and who has title to it, facilitating its confiscation and preventing the funding of massive rebellions against confiscation.
Orchestrated at Davos
That could help explain those coordinated developments we’ve been seeing across the central-bank-controlled world, proliferating particularly after the January summit of the World Economic Forum in Davos, Switzerland, where the global elite gather to discuss the hot economic issues of the day.
According to one Morgan Stanley attendee (https://www.weforum.org/agenda/2016/01/5-things-i-learned-at-davos-2016), a notable topic this year was the need for “a rapid introduction of a cashless society so that even more negative deposit interest rates could be introduced in Europe to offset likely secular stagnation.” With the use of physical cash curtailed, J.P. Morgan estimates (http://www.zerohedge.com/news/2016-02-24/exposing-hidden-agenda-davos-2016) the European Central Bank could ultimately bring interest rates as low as negative 4.5%.
“Secular stagnation,” the official justification for negative interest, means a chronic shortfall in demand: not enough money chasing goods and services. Today virtually all money is created by banks (http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf) when they make loans; and when old loans are paid off, new ones must be taken out to maintain the money supply. Central banks have traditionally dropped interest rates to stimulate this continual borrowing, but interest rates have now effectively been pushed to zero. The argument is that they can be pushed below zero – but only if cash withdrawals, and hence bank runs, are not an option.
That is the argument; but as Paul Craig Roberts, former Assistant Secretary of the Treasury for Economic Policy,observes (http://www.paulcraigroberts.org/2016/03/08/the-financial-system-is-a-larger-threat-than-terrorism-paul-craig-roberts/):

The notion is that the economy’s poor economic performance is not due to the failure of economic policy but to people hoarding their money. The Federal Reserve and its coterie of economists and presstitutes maintain the fiction of too much savings despite the publication of the Federal Reserve’s own report (http://www.federalreserve.gov/econresdata/2013-report-economic-well-being-us-households-201407.pdf) that 52% of Americans cannot raise $400 without selling personal possessions or borrowing the money.
In an article titled “Exposing the Hidden Agenda of Davos 2016 (http://www.zerohedge.com/news/2016-02-24/exposing-hidden-agenda-davos-2016)”, Zerohedge reports on a flurry of activity during and after Davos related to the push to go cashless. But stimulating demand may just be the cover story for something darker behind this orchestrated effort.
Rescuing the Economy or the Banks?
Of greater concern at Davos than “secular stagnation” was the imminent insolvency of some major banks. Ambrose Evans-Pritchard, writing in January from Davos (http://www.telegraph.co.uk/finance/financetopics/davos/12108569/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html), quoted William White, former chief economist of the Bank for International Settlements (https://www.bis.org/), who warned:

The situation is worse than it was in 2007. Our macroeconomic ammunition to fight downturns is essentially all used up.
. . . European banks have already admitted to $1 trillion of non-performing loans: they are heavily exposed to emerging markets and are almost certainly rolling over further bad debts that have never been disclosed.
The European banking system may have to be recapitalized on a scale yet unimagined, and new “bail-in” rules mean that any deposit holder above the guarantee of €100,000 will have to help pay for it. [Emphasis added.]
It seems the War on Cash is being waged, not to stimulate the economy, but to save the lucrative private banking scheme at all costs. Quelling the riots likely to result from the mass confiscation of deposits could also underly the heightened push for a global “security state” and for those “anti-corruption” measures designed to determine where the money is and who owns it.
Postscript: Bail-ins under the new 2016 European Recovery and Resolution Directive began officially today (http://www.zerohedge.com/news/2016-04-10/austria-just-announced-54-haircut-senior-creditors-first-bail-under-new-european-rul), April 10, in Austria. Ominously, it was in Austria (http://thedailycoin.org/austria-orders-first-bank-bail-in-takes-depositors-money-for-failed-bank/2016/04/10/) that a major bank bankruptcy triggered the Great Depression in 1931.
_________________
Ellen Brown is an attorney and author of twelve books, including the best-selling Web of Debt (http://webofdebt.com/). Her latest book, The Public Bank Solution (http://publicbanksolution.com/), explores successful public banking models historically and globally. Her 300+ blog articles are at EllenBrown.com (https://ellenbrown.com/). She can be heard biweekly on “It’s Our Money with Ellen Brown (http://itsourmoney.podbean.com/)” on PRN.FM.
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mick silver

11th April 2016, 01:59 PM

US Government Partially Funded the Panama Papers’ LeakSource: Telesur

In the wake of damning claims by WikiLeaks that the United States government was behind the Panama Papers as part of a ploy to smear Russian President Vladimir Putin, a U.S. State Department spokesperson has confirmed that the government funds one of the organizations involved in reporting the leak and that supporting initiatives that root out corruption around the world is part of U.S. foreign policy.
Responding to a question about WikiLeaks allegations, State Department spokesperson Mark Toner said Thursday that the Organized Crime and Corruption Reporting Project, one of the core journalism organizations that reported the Panama Papers, has “received support from various donors, including the U.S. government,” specifically USAID.
OCCRP clearly list USAID as one of its donors on its website. Other funders include the Swiss Romanian Contribution Programme and the Open Society Institute, founded by U.S. business mogul George Soros. Toner continued by saying that USAID “has and continues to fund” organizations like OCCRP to conduct “independent, investigative journalism” to uncover corruption, which figures into U.S. foreign policy.
ANALYSIS:
Top Key Points About the Panama Papers “It’s a core tenet of our foreign policy that we support organizations that go after corruption,” he said.
Toner added that such funding does not intend to target particular governments or individuals but corruption in general, which he argued “continues to have corrosive effect on good governance around the world.”
The spokesperson also rejected the claim that the U.S. government is “in any way involved in the actual leak” of the Panama Papers documents.
The State Department refused to state whether the Panama Papers constitute data theft or not, saying that it would be up to Panamanian law to rule on the matter.
The statements marked a stark contrast to the U.S. government outrage over the WikiLeaks and Snowden documents leaks, immediately deemed theft and worthy of prosecution.
In what is being described as the largest leak in the history of data journalism, the Panama Papers are a set of over 11.5 million documents dated back to the late 1970s that reveal how the Panama-based law firm Mossack Fonseca helped world leaders, wealthy elites, and celebrities hide assets in shell companies and offshore tax havens.

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mick silver

11th April 2016, 02:00 PM

Societe Generale headquarters searched in Panama probeSource: Reuters (http://uk.reuters.com/article/us-panama-tax-socgen-idUKKCN0X70HC)

French tax police searched Societe Generale's (SOGN.PA) headquarters this week as part of an investigation into offshore accounts revealed by the Panama Papers, the bank said on Sunday.
The searches on April 5 were a "normal development in the context of such an investigation", a spokesman for the bank said, declining to comment further.
According to the Journal du Dimanche newspaper, the searches were ordered to try to identify holders of offshore companies set up by the bank via Panamanian law firm Mossack Fonseca.
A leak of millions of files from the firm has cast a global spotlight on the creation of more than 200,000 companies in offshore tax havens, implicating scores of politicians and business figures.
Societe Generale was identified by Le Monde earlier this week as the fourth most prolific creators of offshore shell companies via Mossack Fonseca, with 979 to its name.
Following Le Monde's initial report -- part of an international investigation by more than 100 news organizations -- Societe Generale accused the daily of using "inconsistent information which gives rise to outrageous misconceptions".
Read More... (http://uk.reuters.com/article/us-panama-tax-socgen-idUKKCN0X70HC)

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mick silver

11th April 2016, 02:42 PM

You Can’t Make This Stuff Up: NWO Agents and Satanists Now Say Russia Is Behind the Panama Papers!By Jonas E. Alexis (http://www.veteranstoday.com/author/alexis/) on April 11, 2016
No serious or rational person now believes that Putin is culpable. The attempt to humiliate the man who has challenged the diabolical ideology of the New World Order in places like Syria has obviously been a disaster.
http://www.veteranstoday.com/wp-content/uploads/2016/04/guardian_panama_papers.jpg…by Jonas E. Alexis (http://www.veteranstoday.com/contact/staff-writers/)
If you were trained in logic and have little or no room for really crazy ideas, then New World Order agents will stun you. The issues surrounding the so-called Panama Papers are classic examples. Throughout last week, the media told us ad absurdum that Putin is doomed because his name was mentioned in the Panama Papers.
For NWO agents and Satanists, this was a great victory. In fact, it seems that those people were waiting for that day. They already had a predisposition to believe virtually anything that would disprove Russia as a giant criminal cell. The Panama Papers were a dream come true.
The New York Times wrote an article entitled, “Panama Papers Continue to Shake Leaders, Including Cameron and Putin.”[1] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn1) The New York Daily News: “Vladimir Putin claims to be ‘main target’ of Panama Papers ‘attack’ as Icelandic protesters demand prime minister’s resignation.”[2] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn2)
CNN: “Putin and the Panama Papers: Why power means more than money.”[3] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn3) The LA Times: “Putin’s best friend is at the heart of Panama Papers scandal.”[4] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn4) The Telegraph: “Panama Papers: Vladimir Putin, his close friends, and the $2bn in offshore tax havens.”[5] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn5) The Guardian: “Kill it, spin it – Putin will do anything to stifle the Panama Papers story.”[6] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn6) Natalie Nougayrède of the same newspaper declared then:
“The Panama Papers are a wake-up call for anyone who may have doubted how deeply cronyism and corruption are rooted into Russia’s leadership. But for those who have followed the inner workings of Putin’s presidency for the past 16 years or so, they are as much confirmation as revelation.
“What will be truly fascinating is watching how this new mass of information is dealt with by the Putin regime over time, and how this might affect an already tense relationship between the Kremlin and the west.”[7] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn7)
Let us assume again that NWO agents and Satanists are correct here, that Putin is guilty as charged. But that would be a huge problem for those Satanists because the Israeli newspaper Haaretz has declared that “hundreds of Israeli companies [and] shareholders” are listed in the Panama Papers as well![8] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn8) New World Order agents haven’t spent much time deconstructing Israel based on the so-called Panama Papers at all![9] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn9)
Despite all the media manipulation, the masses were not really convinced by the Panama Papers. In fact, Putin himself was having fun with the assertion that he was inextricably involved in some kind of covert activity. He invented a new English word to describe the mass hysteria: “Putinophobia.”[10] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn10) With regard to the papers themselves, Putin said:
“Yours truly is not there. So what did they [NWO and Satanists] do then? They produced an information product. They found some acquaintances and friends. They dug up some stuff and glued it together.”[11] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn11)
No serious person now believes that Putin is culpable. The attempt to humiliate the man who has challenged the diabolical ideology of the New World Order in places like Syria has obviously been a disaster.
But NWO agents and Satanists now have a new hocus pocus in town. The Russians, they say, are probably behind the Panama Papers! This is no joke. Clifford G. Gaddy of the Neoconservative think tank the Brookings Institute really believes that this is the case. Gaddy concludes:
“If the Russians are behind the Panama Papers, we know two things and both come back to Putin personally: First, it is an operation run by RFM, which means it’s run by Putin; second, it’s ultimately about blackmail. That means the real story lies in the information being concealed, not revealed. You reveal secrets in order to destroy; conceal in order to control. Putin is not a destroyer. He’s a controller.”[12] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn12)
If you have never observed a magic show personally, then look no further. Gaddy will stun you with his magical performance. The political magician can crank out assertions and leaves the scene without serious evidence. Here is how he came up with his idea:
“My thinking is that this could have been a Russian intelligence operation, which orchestrated a high-profile leak and established total credibility by ‘implicating’ (not really implicating) Russia and keeping the source hidden.”[13] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftn13)
The evidence? It was nowhere to be found. And these people want to convince us that they do not believe in conspiracy theory? Hmm…
[1] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref1) Neil MacFarquhar and Stephen Castle, “Panama Papers Continue to Shake Leaders, Including Cameron and Putin,” NY Times, April 7, 2016.
[2] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref2) Jason Silverstein, “Vladimir Putin claims to be ‘main target’ of Panama Papers ‘attack’ as Icelandic protesters demand prime minister’s resignation,” NY Daily News, April 6, 2016.
[3] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref3) Matthew Chance, “Putin and the Panama Papers: Why power means more than money,” CNN, April 7, 2016.
[4] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref4) Mansur Mirovalev, “Putin’s best friend is at the heart of Panama Papers scandal,” LA Times, April 4, 2016.
[5] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref5) Roland Oliphant, “Panama Papers: Vladimir Putin, his close friends, and the $2bn in offshore tax havens,” Telegraph, April 4, 2016.
[6] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref6) Natalie Nougayrède, “Kill it, spin it – Putin will do anything to stifle the Panama Papers story,” Guardian, April 4, 2016.
[7] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref7) Ibid.
[8] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref8) Uri Blau, Daniel Dolev and Shuki Sadeh, “Panama Papers: Hundreds of Israeli Companies, Shareholders Listed in Leaked Documents Detailing Offshore Holdings,” Haaretz, April 3, 2016.
[9] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref9) Newsweek in particular has put out a number of articles out there, and they make sure that Putin is actually the target. See for example “Panama Papers: What Is the Scandal and How Is Putin Linked?,” Newsweek, April 4, 2016; “Panama Papers: Largest Document Leak in History Is ‘Just the Beginning,’” Newsweek, April 4, 2016. Just a few days ago, Newsweek again declares: “If the Syria Cease-Fire Fails, Blame Putin,” Newsweek, April 7, 2016.
[10] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref10) Lizzie Dearden, “Panama Papers: Vladimir Putin’s spokesperson blames ‘Putinophobia’ for financial allegations,” Independent, April 4, 2016.
[11] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref11) Michael Birnbaum, “Panama Papers are a Western plot to weaken Russia, says Vladimir Putin,” Sydney Morning Herald, April 8, 2016.
[12] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref12) Clifford G. Gaddy, “Are the Russians actually behind the Panama Papers?,” Brookings, April 7, 2016.
[13] (http://www.veteranstoday.com/2016/04/11/you-cant-make-this-stuff-up-nwo-agents-and-satanists-now-say-russia-is-behind-the-panama-papers/#_ftnref13) Ibid.

Horn

11th April 2016, 04:16 PM

Panama has the best operating central american government thus far i can see since the U. S. stepped out. If Putin or anyone would fall for them stuffing away corruption they'd have to be complete knumbskulls. Some action party down there most likely just unearthed it.

So the argument again becomes who is responsible for the release and not what is actually contained...?

mick silver

12th April 2016, 04:08 PM

Swiss banker whistleblower: CIA behind Panama PapersSource: CNBC (http://www.cnbc.com/2016/04/12/swiss-banker-whistleblower-cia-behind-panama-papers.html)

CNBC's Eamon Javers speaks with Swiss bank whistleblower Brad Birkenfeld about the Panama Papers leaks.

Bradley Birkenfeld is the most significant financial whistleblower of all time, so you might think he'd be cheering on the disclosures in the new Panama Papers leaks. But today, Birkenfeld is raising questions about the source of the information that is shaking political regimes around the world.
Birkenfeld, an American citizen, was a banker working at UBS in Switzerland when he approached the U.S. government with information on massive amounts of tax evasion by Americans with secret accounts in Switzerland. By the end of his whistleblowing career, Birkenfeld had served more than two years in a U.S. federal prison, been awarded $104 million by the IRS for his information, and shattered the foundations of more than a century of Swiss banking secrecy.

Bradley Birkenfeld, a former UBS AG banker, speaks during an interview at Schuylkill County Federal Correctional Institution in Minersville, Pennsylvania, on Tuesday, April 27, 2009.

In an exclusive interview Tuesday from Munich, Germany, Birkenfeld said he doesn't think the source of the 11 million documents stolen from a Panamanian law firm should automatically be considered a whistleblower like himself. Instead, he said, the hacking of the Panama City-based firm, called Mossack Fonseca, could have been done by a U.S. intelligence agency.
"The CIA I'm sure is behind this, in my opinion," Birkenfeld said.
Birkenfeld pointed to the fact that the political uproar created by the disclosures have mainly impacted countries with tense relationships with the United States. "The very fact that we see all these names surface that are the direct quote-unquote enemies of the United States, Russia, China, Pakistan, Argentina and...
Read More... (http://www.cnbc.com/2016/04/12/swiss-banker-whistleblower-cia-behind-panama-papers.html)

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mick silver

12th April 2016, 04:13 PM

Panama Papers: Spy agencies widely used Mossack Fonseca to hide activitiesSource: RT (https://www.rt.com/news/339310-spy-agencies-panama-papers/)

Intelligence agencies from several countries, including CIA intermediaries, have abundantly used the services of Panamanian law firm Mossack Fonseca to "conceal" their activities, German newspaper Sueddeutsche Zeitung (SZ) says, citing leaked documents.
Both "secret agents and their informants have used the company's services," wrote the newspaper, which earlier this month published online materials based on 11.5 million documents from the Panamanian law firm. It has been called the largest leak on corruption in journalistic history.
"Agents have set up shell companies to conceal their activities," the Munich-based newspaper (http://www.sueddeutsche.de/politik/panama-papers-agenten-nutzten-panama-firmen-fuer-cia-1.2945241) reported, adding that there are CIA mediators among them.
According to SZ, Mossack Fonseca's clients also included some of those involved in the so-called Iran-Contra affair, in which several Reagan administration officials secretly facilitated arms sales to Iran in the 1980s in order to secure the release of US hostages and fund Nicaragua's Contra rebels.
The Panama Papers also claim to reveal that some "former high-ranking officials of the intelligence services of Saudi Arabia, Colombia and Rwanda" are listed amongst the company's clients. Among them was Sheikh Kamal Adham, the former Saudi intelligence chief, who according to SZ, was "one of the CIA's key intermediaries in the 1970s" in the Middle East region.
The Panama leak claims to expose the offshore holdings of 12 current and former world leaders and provides data on the financial activities of 128 other politicians and public officials from different countries. Newspapers around the globe had plenty of world leaders to choose from, – from President of Ukraine Petro Poroshenko to King Salman of Saudi Arabia and the late father of British Prime Minister David Cameron.
With high-profile figures on the menu, the majority of the international media rushed to accuse Vladimir Putin of corruption, even though neither he nor any members of his family were mentioned in the Panama Papers leak.
Last week WikiLeaks tweeted that the US government and American hedge-fund billionaire George Soros allegedly funded the Papers to attack Putin. According to the international whistleblowing organization, the US government's funding of such an attack appeared to be a serious blow to its integrity.
One former CIA officer told RT that the fact that the Western media has been unanimously using the Russian leader as the “face” of the Panama Papers leak can be explained by one simple look at the organizations behind these news outlets.
“Everyone in corporate press is controlled by corporations that profit on wars and have an interest in creating tensions – all these people in the Western press, like the Guardian, are blackening Putin [for being] a designated villain here. Curiously, his name is not in these documents,” Ray McGovern said, adding that it was “a major mistake made by the leaker” to hand the documents over to the corporate media, instead of leaking them to trusted independent journalists.
There were many raised eyebrows particularly over little mention of the exposed offshore dealings of UK Prime Minister David Cameron's late father. Last week the British PM admitted that he benefited from shares in an offshore trust set up by his father. Cameron, who is facing outrage over revelations concerning his private finances, told ITV that he had received £300,000 (about $420,000) in inheritance from his father, who died in 2010. Yet he claimed that he didn’t know whether any of that money came from an offshore source. A massive protest gathered in front of PM David Cameron’s residence at 10 Downing Street on Sunday, calling for his resignation.

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mick silver

12th April 2016, 04:22 PM

Aid agencies fear damage to reputation as "Red Cross" appears in Panama PapersSource: Reuters (http://news.trust.org/item/20160411195541-i8d5w/?source=fiOtherNews2)

Some of the world's biggest aid agencies voiced concern on Monday that they may be further exposed to risk from the murky world of offshore finance after the latest release of the Panama Papers showed the name of the Red Cross was falsely used.
The cache of documents revealed how Panamanian law firm Mossack Fonseca created dummy foundations, with one of its fictitious beneficiaries listed as the "International Red Cross".
The misappropriation of the International Committee of the Red Cross' (ICRC) name was condemned by the Swiss-based agency and other international aid organisations concerned about the reputational risk this may carry for the sector as a whole.
The leaked emails, which first appeared in European newspapers, suggested the law firm used the humanitarian organisation as a cover when facing down demands for information from prying banks and financial institutions.
"It has become difficult to withhold the identity of the beneficiary," one of the alleged emails from an unnamed Mossack Fonseca staffer said.
"This is the reason why we created this structure, that is, appointing the International Red Cross (sic). So it is not complicated," the leaked 2009 email said.
The ICRC said it was not previously aware that the name of its organisation had been misappropriated and would investigate.
But the leaked emails exposed the risk charities take in accepting private donations, whose origins can sometimes be hard to trace.

Read More... (http://news.trust.org/item/20160411195541-i8d5w/?source=fiOtherNews2)
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Glass

12th April 2016, 04:31 PM

Red Cross is not an honourable organisation so it is no surprise at all. They collect billions world wide then embezzle, divert and withold that money from it's intended recipient - the reason they advertized to which people donated.

In Australia they took $900 million that had been donated for Ache and said they would not give it to those people. They are crooks.What else can you decide? They get nothing from me. Just like the cancer research fraudsters.

mick silver

12th April 2016, 05:22 PM

NEO – Panama Papers have caught UK politicians off guardBy Jim W. Dean, Managing Editor (http://www.veteranstoday.com/author/dean/) on April 12, 2016
http://www.veteranstoday.com/wp-content/uploads/2016/04/1534802_914163525294402_6614216482905965933_o-640x411.jpgVT sends out our thanks to Amy Currell for one of the best graphics arts examples we have seen this year

by Martin Berger (http://journal-neo.org/2016/04/12/panama-papers-have-caught-uk-politicans-off-guard/), … with New Eastern Outlook (http://journal-neo.org/), Moscowhttp://www.veteranstoday.com/wp-content/uploads/2016/04/47878645.cached-1-320x200.jpgLondon has shot itself in both feet on the Panama Papers scam

[ Editor’s Note: Oh my, our prayers have been answered. The Panama Papers scam is being burned down as I type, and with it what little reputation that corporate media and the think tank subverts thought they might still have.
The British papers were nothing more than a lynch mob with their over-the-top coverage that Putin was the new Midas in Russia, when they never met a Russian thieving oligarch whom they did not love on sight, no matter how unscrupulously they have obtained their wealth.
The idea of moral leadership coming out of Britain itself is a bad joke, as it treats its own people like coolies while being a purveyor of modern colonialism to the best of its ability. This includes wanting to spend tens of billions on their Trident nuclear submarine upgrade, so they can have their version of Teddy Roosevelt’s “Big Stick”.
The City of London is the unofficial pirate base of Europe, even having special laws passed to not have its “financial independence” fiddled with. This is a more polished version of when the Italian-Jewish mob in the US tried to take over Cuba to have their own country to operate from with diplomatic immunity. They forgot to get Castro on board that effort.
http://www.veteranstoday.com/wp-content/uploads/2016/04/20160331_2_15048108_6817550_Web-320x223.jpgHere we have AIPAC Zionist Martin Indyk hosting Erdogan last week at the Brookings Institution

VT will have its teeth in this story until there are none of the hypocritical scoundrels left to eat. I have an new submission in NEO on the Brookings Institution assigning one of their in-house hacks, Clifford Gaddy (http://www.brookings.edu/blogs/order-from-chaos/posts/2016/04/07-panama-papers-putin-gaddy), to do a damage control piece that was out of this world.
He actually was pitching Putin as being behind the document release as a Russian psyop on the West, and Gaddy included some of his friends as a smokescreen cover which he knew would not hurt him.
It was slickly done, but made the mistake of revealing how even the most prestigious Washington think tanks involve themselves in major intelligence psyops as part of their “team dues”.
We published NEO – Christopher Black’s article yesterday (http://www.veteranstoday.com/2016/04/11/neo-the-panama-papers-the-people-deceived/) that just nailed the uber Washington insiders who are behind the funding of the International Consortium of Investigative Journalists (ICIJ), which is now tainted forever… Jim W. Dean (http://www.veteranstoday.com/staff-writers/) ]

____________– First published … April 12, 2016 –http://www.veteranstoday.com/wp-content/uploads/2016/04/download-2.jpgPanama Papers scam has turned into a shooting gallery

Although Washington is using the so-called Panamanian Papers to wage a propaganda war against politicians it despises, especially in Russia and China, this operation has recently come to a screeching halt due to the lack of convincing evidence in those papers.
So what we are witnessing now is simple allegations that the political elites of the two above mentioned countries are engaged in some inappropriate financial activities.
However, this recent information attack has already backfired against Washington itself along with its closest allies. For instance, we’ve learnt from these papers that London is most probably the global capital of money-laundering. (http://en.reporter-ua.ru/inopressa-panamanian-securities-rocked-the-world-of-politics-business-and-art.html%20) The responsibilities of Mossack Fonseca were reduced to purely technical functions while the actual transfer and concealment of money was carried out by a number of banks and law firms.
The Times (http://www.thetimes.co.uk/tto/news/uk/article4728817.ece?acs_cjd=true) would note in one of its articles:

Almost 2,000 British middlemen helped to create a network of offshore companies and move billions of pounds secretly around the world, according to the Panama papers. Lawyers, accountants, banks and company formation agents based in Britain were involved in setting up 32,000 of the 200,000 offshore companies incorporated by Mossack Fonseca, the Panamanian law firm.
Furthermore, as it follows from yet another publication (http://www.thetimes.co.uk/article/the-army-of-british-middlemen-hiding-clients-billions-offshore-cz5pltpbt) of The Times for over 16 years thousands of offshore companies that own property in the Great Britain were providing the addresses of the largest UK largest law firms in the City like Clifford Chance, Farrer & Co and Withers as their own.
http://www.veteranstoday.com/wp-content/uploads/2016/04/6188963174_a0ae0a69f8_b-320x180.jpg
For instance, A British banker Nigel Cowie who resided in North Korea for over two decades created an offshore finance company that was allegedly used by the Pyongyang regime for arms trade and be able to carry on developing its nuclear program, says The Guardian (http://www.theguardian.com/news/2016/apr/04/panama-papers-briton-set-up-firm-allegedly-used-by-north-korea-weapons-sales).
According to the released documents, Nigel Cowie was behind a Pyongyang front company, DCB Finance Limited, registered in the British Virgin Islands.
The full responsibility for the unprecedented scale of shadowy business scheme being pulled out in the UK is being placed on the British Prime Minister – David Cameron. For instance, The Independent (http://journal-neo.org/2016/04/12/panama-papers-have-caught-uk-politicans-off-guard/%20http://www.independent.co.uk/voices/after-finally-admitting-he-did-have-a-stake-in-his-fathers-offshore-fund-cameron-needs-to-resign-and-a6973631.html) took a somewhat straightforward approach, claiming:
What’s most stinging is the sheer hypocrisy of Cameron. After all, this is the man who made great efforts to increase funding for HMRC tax inspectors; abolished permanent non-dom status from April 2017 and proposed an international anti-corruption drive in the light of the Fifa scandal.
David Cameron is a man with a reputation seemingly made of titanium. Really, who does this guy have to piss off to merit serious calls for his resignation Considering it’s just been revealed that he did actually have a stake in his father’s offshore investment fund, the lack of outrage is astonishing
It’s now clear that Ian Cameron was part of the scheme as a director of Blairmore Holdings Inc. On top of it The Guardian (http://www.theguardian.com/news/2016/apr/04/panama-papers-david-cameron-father-tax-bahamas%20), one of the 109 international media sources that was granted access to the Panamanian Papers, claims that over the past 30 years Blairmore Holdings Inc. hasn’t been paying any taxes to the British treasury.
Moreover, in a brochure for investors released back in 2006 it would state (emphasis added):
The directors intend that the affairs of the fund should be managed and conducted so that it does not become resident in the UK for UK taxation purposes Accordingly … the fund will not be subject to UK corporation tax or income tax on its profits.
Those facts manifest the blatant hypocrisy of the British Prime Minister. After all, he publicly opposed offshore practices back in May at the recent Anti-Corruption Summit in London, while claiming that his supporters would develop a comprehensive legislation that will put an end to the illegal activities of the so-called British tax haven.
Back in 2012 David Cameron criticized offshore structures, while claiming that they are definitely not fair and not right. At a G8 summit in Enniskillen three years. ago, he demanded even more transparency, claiming that:
I’ll continue to make the case for transparency with international partners, including the British overseas territories and crown dependencies and I am willing to go further, and take concrete steps to force the pace.
http://www.veteranstoday.com/wp-content/uploads/2016/04/5857331527_dc8ae729bb_b-320x240.jpgLondon is the biggest financial pirate base in the world, after New York City

Under these conditions, the British society seems to be determined to pursue the resignation (http://www.independent.co.uk/voices/after-finally-admitting-he-did-have-a-stake-in-his-fathers-offshore-fund-cameron-needs-to-resign-and-a6973631.html) of the vicious Prime Minister, forcing a vote of no confidence to be taken.
Several British parliamentarians said that after the scandal with offshore companies, David Cameron should leave the position of the deputy chairman of the Labour Party, while Labour’s deputy leader Tom Watson urged Cameron to hand over all the money that he received through offshore companies to the British treasury.
But the Panamanian Papers have not simply exposed the shadow schemes that are constantly being at play in London, that Washington and London have been desperate to impose upon the Middle East and Africa and other regions around the world along with the so-called “Western style democracy”.
It also makes one to wonder why in recent decades the UK has become a safe heaven for numerous “political foundations for the struggle for democracy” (such as The National Endowment for Democracy and the likes of it), and whether those are also involved in such financial scams under the guise of fighting for the right cause?

Martin Berger (http://journal-neo.org/author/martin-berger/) is a freelance journalist and geopolitical analyst, exclusively for the online magazine “New Eastern Outlook” (http://journal-neo.org/).
____________

mick silver

13th April 2016, 04:29 PM

Names of intelligence officials, agents, appear in Panama PapersSource: Intel News (https://intelnews.org/2016/04/13/01-1885/)

https://intelligencenews.files.wordpress.com/2016/04/first-post-h3.jpg?w=630
The massive data leak of documents belonging to Panamanian law firm Mossack Fonseca has revealed the names of intelligence officials and agents form several countries, who employed front companies to conceal their financial activities. According to German newspaper Süddeutsche Zeitung, which was the initial recipient of the largest data leak in history last summer, the list of names includes intelligence officials from the Middle East, Latin America and Africa, as well as “close intermediaries of the [United States] Central Intelligence Agency”.
Referred to as ‘the Panama Papers’, the massive leak (https://intelnews.org/2016/04/04/01-1880/) amounts to over 11.5 million internal files from Mossack Fonseca, one of the world’s most prolific registrars and administrators of shell companies in offshore locations. Throughout its history, the company has created more than 300,000 shell companies, most of them in offshore tax havens like the British Virgin Islands, Cyprus, or Guernsey. Its clients are offered the ability to incorporate a generic-sounding company and headquarter it in an offshore tax haven. In exchange for an annual fee, Mossack Fonseca provides the company with a sham director and shareholders, thus concealing the true owner and actual beneficiary of the business.
The Süddeutsche Zeitung said (http://www.sueddeutsche.de/politik/panama-papers-agenten-nutzten-panama-firmen-fuer-cia-1.2944104) on Monday that senior intelligence officials from Rwanda and Colombia are listed as Mossack Fonseca customers, but did not report the names of the individuals. It did, however, single out the late Sheikh Kamal Adham, who was director of Saudi Arabia’s General Intelligence Directorate in the 1960s and 1970s. During his 14-year directorship of the GID, the agency became a leading intermediary between the CIA and Arab intelligence agencies, notably those of Egypt and Iraq. Sheikh Adham was also a personal friend of CIA Director George Bush, who was later elected US president.
According to the Süddeutsche Zeitung, Sheikh Adham is one of many individuals with close CIA links whose names appear in the Panama Papers. Another is Farhad Azima, an Iranian-born American businessman, who is rumored to have leased aircraft to the CIA in the 1980s. The American intelligence agency is said to have used the aircraft, which belonged to Azima’s Kansas City, Missouri-headquartered Global International Airways, to transport weapons to Iran. The secret transfers were part of what later became known as the Iran-Contra scandal, in which US officials secretly sold weapons to Iran in return for the release of American hostages held by Iran-linked groups in the Middle East. The funds acquired from these weapons sales were then secretly funneled to the Contras, a medley of anti-communist paramilitary groups fighting the Sandinista-led government of Nicaragua.

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